Fat finger errors happen all the time, especially in traditional banking. The difference is that blockchain makes it transparent and immediately identifiable.
PayPal USD News
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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.
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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.
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PayPal has teamed up with Spark to boost PYUSD liquidity, with deposits already topping $135 million on the decentralized finance (DeFi) lending protocol.
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Can stablecoins disrupt Visa and Mastercard? Explore how blockchain payments may capture billions in fees from US credit card networks.
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Stable, a Bitfinex-backed blockchain linked to Tether, announced PayPal Ventures’ support to bring the PYUSD onto its network with mainnet launch planned for Q4 2025.
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PayPal launches P2P crypto links, Google tests AI payments, miners pivot to data centers and Bitwise eyes stablecoin ETF.
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PayPal is adding support for a permissionless version of its PYUSD stablecoin on Tron, Avalanche and several other blockchains via LayerZero and its Stargate Hydra bridge.
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The payments giant is rolling out PayPal links and direct crypto transfers, letting users send Bitcoin, Ether and PYUSD to friends, family and external wallets.
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PayPal is rolling out a new crypto payment tool that will allow US merchants to receive payments with more than 100 cryptocurrencies.
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Agora, founded by Nick van Eck, aims to boost adoption of its white-label stablecoin platform with $50 million from Paradigm and Dragonfly.
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Stablecoins are now the “default settlement layer for the internet,” surpassing Visa and Mastercard in onchain transaction volume.
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Crypto financial services firm Anchorage Digital has bolstered its stablecoin offerings with the acquisition of stablecoin issuer firm Mountain Protocol.
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Payments giant PayPal said in a regulatory filing that its PayPal USD stablecoin is no longer in the SEC's crosshairs.
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PayPal will offer a 3.7% yield on PYUSD to boost usage, with monthly rewards paid in the stablecoin, according to a Bloomberg report.
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