PayPal announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account.
Chaos Labs received the investment via PYUSD on the Solana blockchain.
Crypto.com, Phantom and Paxos are first to provide onramps to use PayPal USD (PYUSD) on Solana blockchain.
Our 2023 Global Impact Report details how our corporate sustainability and impact priorities help strengthen our foundation for sustainable growth while supporting our key stakeholders.
Xoom users will pay no transaction fees when using PayPal USD to fund eligible transfers to friends and family abroad.
PayPal Ventures' investment helps to reinforce Mesh's position as a leading player in embedded finance and highlights PayPal's commitment to fostering innovation in the digital payments landscape.
PayPal USD (PYUSD), PayPal’s on-chain, regulated, dollar-denominated stablecoin 100% backed by U.S. dollar deposits, short-term U.S Treasuries, and similar cash equivalents, is available on Venmo starting today.
PayPal USD (PYUSD) is fully backed by U.S. dollar deposits, short-term U.S. treasuries and similar cash equivalents, and can be redeemed 1:1 for U.S. dollars.
Sign up to receive the latest news to your email.
Subscribe