Paypal Rolls Out Crypto Features for Business Accounts
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to…
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Payment Processors Paypal and Venmo Now Support ENS Domains
Ethereum Name Service (ENS) has announced that the payment giants Paypal and Venmo have integrated support for ENS domain names. This integration enables users to employ Paypal and Venmo to…
Crypto.com Adds Paypal as Payment Option in US for Crypto Purchases
Crypto trading platform Crypto.com has integrated Paypal as a payment method for U.S. users to buy cryptocurrencies, enabling transfers between Paypal and Crypto.com wallets. “Further integrating traditional and digital payment…
Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year
On Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD has seen a…
Stablecoins Hit Record Market Cap of Nearly $170 Billion After Year of Growth
Stablecoins have reached an all-time high market cap of $169.57 billion following nearly a year of uninterrupted growth. Leading assets such as Tether’s USDT and Circle’s USDC have seen a…
Paypal Launches PYUSD Rewards Program With Anchorage Digital
Anchorage Digital has launched its first stablecoin rewards program for Paypal USD (PYUSD) holders, offering institutions a secure way to earn rewards. Available through Anchorage Digital’s platform and the Porto…
Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin
According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply has swelled by…
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last…
Paypal Launches Global Hackathon With 40,000 PYUSD in Prizes
Paypal, a leading payment platform, has announced a global hackathon for its stablecoin PYUSD, offering 40,000 PYUSD in prizes. This initiative follows the launch of the Paypal stablecoin on Solana.…
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led…