PayPal News

With protocols like Coinbase x402, HTTP 402 is being revived to enable native, programmable payments over the web using stablecoins like USDC.

Crypto financial services firm Anchorage Digital has bolstered its stablecoin offerings with the acquisition of stablecoin issuer firm Mountain Protocol.

Payments giant PayPal said in a regulatory filing that its PayPal USD stablecoin is no longer in the SEC's crosshairs.

Freedom cities, in theory, could help the crypto sector “to discover where it can go in terms of innovation and new applications.”

PayPal will offer a 3.7% yield on PYUSD to boost usage, with monthly rewards paid in the stablecoin, according to a Bloomberg report.

The addition of SOL and LINK came in response to user feedback about expanding PayPal’s crypto token offerings.

Stablecoins have ballooned into a $230-billion industry, which is equivalent to more than 1% of the US money supply.

Industry leaders at a US congressional subcommittee hearing are set to call for clear digital asset regulations to maintain global competitiveness and attract crypto firms.

Klarna, a Swedish payments firm with 85 million users, is reportedly eyeing a US initial public offering — and its CEO is looking for ideas on how it can integrate digital assets.

United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell to kill the project, the former Meta executive said.

The move is designed to expand access to PYUSD in Asian and African markets, PayPal said.

As part of the program, developers can apply for up to $60,000 in grant funding to support their projects.

Solana has serious ground to cover, but if major financial institutions begin showing a preference for Solana, things could change.

PayPal deepens its push into PYUSD for business transactions, making its first payment using the stablecoin.

Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals.