YouTube launches an option for US-based creators to receive payouts in PayPal's stablecoin, PYUSD
Big Tech continues to tiptoe into crypto. The latest example is a move by YouTube to let creators on the video platform choose to receive payouts in PayPal's stablecoin.
Paxos says it “mistakenly minted” $300T of PayPal's PYUSD stablecoin on October 15 on the Ethereum blockchain and then “burned” the tokens 20+ minutes later
Crypto industry observers were baffled Wednesday afternoon when an on-chain transaction showed that Paxos …
Bullish says it has received all $1.15B in capital raised from its IPO in stablecoins, including USDC, USDG, and PYUSD, marking a first for US public markets
Mostly on Solana X: @ripple : Congrats to @Bullish on a successful IPO! 👏 A portion of the IPO proceeds were settled in $RLUSD, minted on the XRP Ledger. This is the first public listing to bring the ...
Mesh raised an $82M Series B, settled mostly in PayPal's PYUSD stablecoin and led by Paradigm, to expand its stablecoin-based payments settlement network
Krisztian Sandor / CoinDesk :
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks
the Biden/Warren crew just enacted this to stop @X from becoming a payments juggernaut. Wow, a whole new 259-page rule aimed at X...yet more lawfare against you.👊 (Congress can & probably will CRA thi...
PayPal completes its first business payment using its proprietary PYUSD stablecoin, paying an E&Y invoice on September 23 via SAP's digital currency hub
SAP's platform, known as the digital currency hub, allows enterprises to send and receive digital payments instantly, around the clock.
PayPal adds its PayPal USD stablecoin, launched on Ethereum in August 2023 and issued by Paxos, to Solana; PYUSD currently has a nearly $400M market cap
- The payments company launched PYUSD on Ethereum in August — PayPal chose Solana for speed and low cost, despite outages
PayPal says select Venmo users can now purchase its stablecoin PYUSD, with a rollout to more users in the coming weeks, in addition to BTC, ETH, BCH, and LTC
Ben Weiss / Fortune :
Nansen: ~90% of PayPal's stablecoin is held in issuer Paxos Trust's wallets, suggesting a “lack of demand from crypto users for PYUSD” that launched on August 7
Ana Paula Pereira / Cointelegraph :
Nansen: ~90% of PayPal's stablecoin is held in issuer Paxos Trust's wallets, suggesting a “lack of demand from crypto users for PYUSD” that launched on August 7
Ana Paula Pereira / Cointelegraph :