During Gary Gensler‘s tenure as chair of the Securities and Exchange Commission, the agency launched several cryptocurrency-related enforcement actions and investigations, arguing that most ...

PayPal will begin offering a 3.7% annual yield on its stablecoin, PayPal USD (PYUSD), for U.S. users starting this summer. The reward, paid in PYUSD, will accrue daily and be distributed monthly.

PayPal announced today that PYUSD, its stablecoin for payments and transfers, is now available on Venmo. PYUSD is available to select users starting today and will be rolling out fully in the coming ...

Paxos mistakenly minted the stablecoins as part of an internal transfer, before it "immediately identified the error and burned the excess PYUSD," the company said in ...

PayPal officially launched its stablecoin a few days ago PYUSD is not yet available on centralized exchange platforms PayPal stablecoin is currently available via PayPal wallet PayPal, the online ...

The speed and scalability of Solana makes PYUSD accessible, cost-effective and instantaneous, facilitating an array of use cases. PayPal USD (PYUSD) is now available on Solana, offering developers a ...

Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America’s largest financial technology companies — announced on Aug. 7 its U.S.

PayPal plans to offer 3.7% annual yield on its PYUSD holdings to its U.S. customers in a bid to spur wider adoption and capture the growing stablecoin market. PayPal is planning to offer a 3.7% annual ...

PayPal has announced that its stablecoin, PYUSD, will be used to fund AI companies through a partnership with USD.AI. USD.AI will utilize PYUSD to provide AI companies with credit and financing for ...