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PayPal USD (PYUSD)

PayPal USD (PYUSD) is a stablecoin that is referencing (pegged to) the U.S. dollar. PYUSD is classified as a centralized stablecoin, backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents and is redeemable 1:1 for U.S. dollars.

PayPal USD (PYUSD)

PayPal USD (PYUSD) is a stablecoin that is referencing (pegged to) the U.S. dollar. PYUSD is classified as a centralized stablecoin, backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents and is redeemable 1:1 for U.S. dollars.

Moneytech   -   Jul 18, 2024 PayPal Pushes Its Stablecoin, Incentivizes Holding
PayPal PYUSD

Despite PayPal’s dominant position in the payments business, its stablecoin project, PYUSD, has stalled. Numerous integrations have not managed to attract users. The company is now subsidizing the stablecoin’s yield on DeFi platforms. Can this become a standard feature of private money?

Moneytech   -   Apr 24, 2024 Paypal's Stablecoin Is Still An Underdog Despite Native Integrations
Paypal's Stablecoin Is Still An Underdog Despite Native Integration.

PayPal and Paxos's promising stablecoin is lagging behind its rivals. PYUSD circulation has dropped, and new partnerships and integrations are rare and far from impressive.

PayPal USD Thrives on Solana, Surpassing $1 Billion Market Cap
Stablecoins   -   Aug 27, 2024 PayPal USD Thrives on Solana, Surpassing $1 Billion Market Cap

PYUSD has established itself as an investment instrument. But can this help the stablecoin become a mean of exchange?

Alexander Mardar
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Latest Articles 6 Articles
Stablecoins   -   Aug 27, 2024 PayPal USD Thrives on Solana, Surpassing $1 Billion Market Cap
PayPal USD Thrives on Solana, Surpassing $1 Billion Market Cap

PYUSD has established itself as an investment instrument. But can this help the stablecoin become a mean of exchange?

Alexander Mardar
Moneytech   -   Jul 18, 2024 PayPal Pushes Its Stablecoin, Incentivizes Holding
PayPal PYUSD

Despite PayPal’s dominant position in the payments business, its stablecoin project, PYUSD, has stalled. Numerous integrations have not managed to attract users. The company is now subsidizing the stablecoin’s yield on DeFi platforms. Can this become a standard feature of private money?

Alex Harutunian
Moneytech   -   Apr 24, 2024 Paypal's Stablecoin Is Still An Underdog Despite Native Integrations
Paypal's Stablecoin Is Still An Underdog Despite Native Integration.

PayPal and Paxos's promising stablecoin is lagging behind its rivals. PYUSD circulation has dropped, and new partnerships and integrations are rare and far from impressive.

Sasha Markevich
SEC   -   Nov 04, 2023 Latest SEC Target is PayPal, as Subpoena Issued Over PYUSD Stablecoin
Latest SEC Target is PayPal, as Subpoena Issued Over PYUSD Stablecoin

The payment firm reported on Wednesday that it had received a subpoena from the SEC requesting information on its PYUSD stablecoin.

Mathilde Adam
Stablecoins   -   Oct 03, 2023 Crypto.com Partners PayPal to Become Preferred Platform for PYUSD
Crypto.com Partners PayPal to Become Preferred Platform for PYUSD

Crypto.com teams up with PayPal and Paxos to become a preferred PYUSD exchange as the novel stablecoin conquers markets.

Sasha Markevich
Stablecoins   -   Aug 08, 2023 PayPal Finally Launches Dollar Stablecoin After SEC-related Delays
PayPal PYUSDT stablecoin

On Monday, online payments processor PayPal announced the launch of its long-promised dollar-pegged stablecoin. The token was originally expected in Q1 2023, but was delayed following an SEC notice against issuing partner Paxos.

Jack Martin
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