PayPal USD News

The insurance broker is piloting stablecoin payments for premiums using USDC and PYUSD, testing blockchain settlement rails for faster payments in global insurance markets.

PYUSDx lets developers issue app-specific stablecoins backed by PayPal USD with fast launch, cross-chain support and branded token options.

After a yearlong share slump, PayPal is fielding buyout approaches as rivals weigh asset sales and a possible full acquisition, according to Bloomberg.

The dollar-backed token, USDCBL, will serve as collateral for onchain perps, with cash and Treasury reserves generating yield retained within the protocol.

The blockchain battle is now centered on distribution, as established firms convert existing customers into network participants and create new competitive landscapes.

Polygon Labs CEO Marc Boiron told Cointelegraph that the acquisitions position the network as a regulated payments platform built to move stablecoins onchain at scale.

The USD1 stablecoin added $150 million to its market capitalization after Binance announced an incentive program offering up to 20% yield.

YouTube has added an opt-in option allowing eligible US creators to receive payouts in PayPal’s dollar-backed stablecoin, PYUSD.

The agreement adds a key interoperability engineering team to Circle, strengthening its crosschain infrastructure and support for multichain applications.

Fortune reported that YouTube is allowing creators to be paid in PayPal's stablecoin, a potential boon for adoption due to the platform's size.

The potential acquisition would mark one of Mastercard’s largest crypto bets yet, expanding its stablecoin and tokenization infrastructure amid growing competition.

Fat finger errors happen all the time, especially in traditional banking. The difference is that blockchain makes it transparent and immediately identifiable.

Crypto users were left scrambling on Wednesday after Paxos minted 300 trillion of PayPal's PYUSD stablecoin, then sent it all to a burn address.

As stablecoins pass $300 billion market cap, Paxos Labs’ Bhau Kotecha says AI agents could turn market fragmentation into an advantage by routing liquidity to top issuers.

PayPal has teamed up with Spark to boost PYUSD liquidity, with deposits already topping $135 million on the decentralized finance (DeFi) lending protocol.