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…
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…
PYUSD is Set for massive Adoption as Crypto.com Announce New Partnership with PayPal’s Stablecoin
PayPal’s stablecoin, PYUSD, is a new crypto asset trying to break into the classification of stablecoins. There are other stablecoins in the market, such as USDT and USDC. So, PYUSD is using different means to get a market share. Crypto.com…