The payments company's stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain reignited the token's growth.
Institutional crypto custodians like Coinbase offer competing rewards programs.
Analysts forecast $300 to $1,000 SOL, but network data suggests that a rally to $190 is a more realistic expectation.
Online payment company PayPal is set to integrate its PayPal USD stablecoin (PYUSD) into the Solana (SOL) blockchain, which is increasingly becoming the preferred choice for memecoin issuers. This move follows the successful launch of PYUSD on the Ethereum (ETH) blockchain and its subsequent addition to PayPal’s Venmo peer-to-peer (P2P) payments service. According to Bloomberg, […]
Confidential transfers allow merchants to provide confidentiality for transaction amounts to their consumers while maintaining visibility for regulatory purposes.
The symbiotic relationship between AI and crypto is still in its nascent stages, according to tech execs.
In a significant development, MoonPay, a crypto payment platform, has announced that users in the United States can now easily buy and sell over 110 cryptocurrencies using PayPal. The integration, unveiled Thursday, simplifies transactions for new MoonPay users who already have a PayPal account and regularly use it for online transactions. Users can fund their […]
Worldcoin seeks partnerships with PayPal and OpenAI amidst regulatory scrutiny, focusing on compliance and strategic expansion.
The post Worldcoin eyes collaboration with PayPal, OpenAI appeared first on Crypto Briefing.
PayPal’s Blockchain Research Group has joined Energy Web and DMG Blockchain Solutions to support “sustainable” Bitcoin mining. According to the paper, the collaboration “presents an opportunity to accelerate the clean energy transition” using crypto-economic incentives. Related Reading: Crypto Expert Confirms Rotation Has Begun Post-Bitcoin Halving, Are Investors Moving Away From BTC? PayPal Research On Bitcoin […]
Triple-A, Singapore's licensed payment firm, will offer PayPal's PYUSD stablecoin in June, aiming to enhance its digital token services.
The post PayPal stablecoin PYUSD soon available on Triple-A appeared first on Crypto Briefing.
This week’s Crypto Biz explores the rise of tokenization markets, PayPal’s stablecoin, SushiSwap’s move to a “Labs model,” and the U.S. SEC’s decision to defer Bitcoin ETF options.
Total PayPal USD in circulation amounted to $188.5 million in March, or 39% less than in February 2024.
The cross-border payments will be handled via PayPal's Xoom subsidiary.
Ethena said an inaccurate news announcement was circulating.
The payments giant debuted its own Ethereum-based U.S. dollar stablecoin this year, offering serious competition to existing market leaders such as Tether's USDT and Circle's USDC.