PayPal has made a step towards enabling merchants in the US to use stablecoins for transactions. In a recent interview with CNBC, Jose Fernandez da Ponte, who leads the PayPal crypto team, shared details about this significant move and its…
PayPal makes first business payment with its own stablecoin
In an increasingly digital world, PayPal continues to innovate by introducing new payment methods that aim to streamline commercial transactions. As businesses seek faster, more efficient ways to process payments, PayPal’s venture into stablecoins offers significant potential for improving the…
PayPal Expands Stablecoin PYUSD to Solana Blockchain
PayPal Holdings Inc., continues to innovate within the financial sector. Recently, the company expanded its stablecoin, PayPal USD (PYUSD), to the Solana blockchain. This move marks a significant step in the evolution of digital payments, as PayPal seeks to leverage…
Triple-A Adds PayPal Stablecoin to Payment Options in Singapore
Triple-A, a leading payments company based in Singapore, is set to enhance its payment services by including PayPal’s stablecoin among the list of tokens accepted for merchant payments. As the first licensed crypto payments company in Singapore, Triple-A has been…
SEC Subpoenas PayPal in Relation to PYUSD Stablecoin
PayPal, a global payments leader, has encountered a significant development in the cryptocurrency market. The company has received a subpoena from the U.S. Securities and Exchange Commission (SEC) regarding its USD stablecoin. This regulatory action has sparked discussions about its…
PayPal Obtains UK Crypto License Following Temporary Pause on Local Bitcoin Purchases
We are thrilled to announce that PayPal, the global payment giant, has received approval from the Financial Conduct Authority (FCA) to provide crypto services in the United Kingdom. This significant development positions PayPal as a key player in the rapidly…
PayPal and Franklin Templeton: Transforming the Crypto Landscape and Driving Mainstream Adoption
Introduction In the rapidly evolving world of cryptocurrency, two major players have recently made groundbreaking moves that are set to reshape the landscape of digital assets. In this article, we delve into the exciting developments by PayPal and Franklin Templeton,…
PayPal Co-founder Reveals a List of People That Stopped Bitcoin From Going 100x Last Year
There’s something about the crypto industry. The critics of the industry are always working hard to ensure the crypto industry does not move forward. While speaking at the Bitcoin 2022 conference in Miami, Florida, Billionaire Paypal co-founder Peter Thiel shares…
Should We Be Worried About PayPal’s Stablecoin? Here’s a Scary Feature
PayPal showed they have a deep interest in the crypto industry after they launched their stablecoin PYUSD. Apparently, this new token is a verification and solidification of a venture they started in 2020. Then, PayPal allowed the integration of crypto…