PayPal’s PYUSD Stablecoin Joins Cardano, Enhancing Blockchain Interoperability
PYUSD’s integration into Cardano enhances DeFi liquidity, providing users with new stablecoin options and increasing cross-chain transaction potential.
BVNK Unveils New Self-Custody Platform Layer1, Aims to Offer Enhanced Stablecoin Payments to Businesses
A major aspect of the Layer1 solution is self-custody, giving businesses complete control over their digital assets and private keys.
PayPal Files Patent Application for NFT Purchase and Transfer
By
Darya Rudz
According to PayPal, its system could use any currency. The company has already added numerous blockchain-related features to its platform, including the MetaMask Wallet, PayPal USD, and Ethereum.
PayPal’s PYUSD Stablecoin Now Available to Venmo Users
Individuals with compatible external wallets, as well as merchants who embrace PYUSD for payments, will be able to receive transfers from Venmo users.
PayPal Releases First PYUSD Transparency Report, Shows Slow Adoption
Despite the slow uptake, the transparency report suggests that PYUSD is effectively backed up by reverse repurchase agreements.
Digital Euro to End Monopoly of Financial Sector by Private Payment Services, ECB Says
The digital euro is expected to consider orderly adjustments in the financial sector while also offering payment service providers a platform for innovations.
PayPal Unveils Cryptocurrencies Hub Following PYUSD Stablecoin Launch
While PayPal’s new crypto service allows users to explore the crypto industry, access to this innovative feature has been restricted in certain jurisdictions and for specific individuals.
Bank of America: Paypal Stablecoin (PYUSD) Immediate Adoption Might Be Subdued
The introduction of PayPal stablecoin (PYUSD) represents a groundbreaking development in the realm of stablecoins and digital currencies.
Ripple CTO Schwartz Comments on Requirements Issued by Fed on Banks Transacting with PayPal Stablecoin
By
Tolu Ajiboye
David Schwartz seems unsurprised that the Fed is reacting negatively to the new stablecoin issued by PayPal.
US House Financial Services Committee Feel Differently about New PayPal Stablecoin
By
Tolu Ajiboye
US House leadership is calling for robust regulatory framework for the new PayPal stablecoin despite being on opposing ends of the discuss.
PayPal Confident in Its Stablecoin despite Sector Complexity
PayPal’s recent entry into the stablecoin arena with PYUSD is marked by both anticipation and caution. Despite the promising prospects of stablecoins, challenges, and uncertainties loom on the horizon.
Scammers Release Multiple Copycat PYUSD Tokens
Scammers may continue to cash in on the PayPal stablecoin launch for as long as possible.