• Oct 17, 2024

PayPal’s dollar-linked stablecoin, PYUSD, is experiencing a notable decline in its market capitalization, raising questions about its long-term viability.

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  • Oct 4, 2024

In a significant advancement for digital currencies, PayPal has completed its first business payment using its proprietary stablecoin, PYUSD. This landmark transaction, reported by Paige Smith for Bloomberg News, took place on September 23, 2024, and involved an invoice sent to Ernst & Young LLP.

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  • Oct 2, 2024

MoonPay has officially added support for PayPal USD (PYUSD), the dollar-denominated stablecoin issued by Paxos Trust Company. Users can now purchase PYUSD using all major payment methods in all supported countries, excluding Canada.

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  • Sep 27, 2024

PayPal has taken another significant step into the cryptocurrency world by allowing U.S. merchants to directly buy, hold, and sell digital assets using their business accounts.

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  • Sep 26, 2024

PayPal has announced significant advancements in its cryptocurrency offerings, aiming to bridge the gap between consumer and business adoption.

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  • Sep 20, 2024

PayPal has officially confirmed its preference for the Solana blockchain over Ethereum for launching its stablecoin, PYUSD. José Fernández da Ponte, head of PayPal’s Blockchain, Crypto, and Digital Currencies business unit, cited the Ethereum network's shortcomings in facilitating effective payment solutions as a key reason for this decision.

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