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PayPal USD stablecoin expands to the Cardano ecosystem via a new cross-chain bridge by Wanchain. PayPal USD (PYUSD), a stablecoin issued on Solana and Ethereum chains, can now be accessible on Cardano (ADA) through Wanchain’s interoperability solution, according to a…
Markets
The XRP price continued to rise, reaching its highest level in over a month as cryptocurrencies bounced back. Ripple (XRP) climbed to $2.60, extending a recovery that began on Dec. 30 when it bottomed at the psychologically important level of…
XRP
XRP
RLUSD
Ripple USD
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FV Bank is expanding its stablecoin offerings, adding PYUSD for USD integration and cross-border payments. FV Bank has enhanced its stablecoin services by integrating PayPal USD (PYUSD) into its digital banking platform. This addition enables account holders to receive PYUSD…
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Ondo Finance has introduced instant conversions between its tokenized short-term U.S. treasuries fund and the stablecoin PayPal USD. According to an announcement, investors will soon be able to convert in and out of Ondo’s (ONDO) core product – the Ondo…
PYUSD
PayPal USD
ONDO
Ondo
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Crypto software provider Talos Trading is reportedly set to double its workforce in the Asia-Pacific region, capitalizing on the area’s regulatory landscape. Talos Trading, a crypto trading software provider based in New York, is set to double its workforce in…
News
Fintech startup Mesh has partnered with Turkey’s crypto exchange Paribu to enhance user access to seamless payments across the web3 ecosystem. Mesh, a U.S. fintech startup backed by PayPal Ventures, has joined forces with centralized cryptocurrency exchange Paribu, aiming to…
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PayPal is set to allow U.S. merchants to purchase, hold, and sell cryptocurrency directly through their PayPal business accounts. PayPal announced this move as part of its strategy to increase cryptocurrency’s role in everyday transactions for millions of businesses in…
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Two former Coinbase employees, Vishal Gupta and Patrick McCreary, have launched TrueX, a new cryptocurrency exchange focused on stablecoin trading. According to a press release, TrueX has chosen PayPal’s PYUSD (PYUSD) as its preferred currency instead of the more widely…
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Tether has appointed former PayPal executive Jesse Spiro as its head of government affairs to lead policy and engagement with lawmakers, regulators, and key stakeholders. Stablecoin issuer Tether (USDT) is expanding its government relations efforts with the appointment of Jesse…
USDT
Tether
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ENS Labs, the firm behind the ENS protocol, has partnered with traditional payment providers PayPal and Venmo to simplify cryptocurrency transfers. The collaboration will allow users to send digital assets using Ethereum Name Service (ENS) names. This integration seeks to…
ENS
Ethereum Name Service
BTC
Bitcoin
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Crypto.com and PayPal are teaming up to use PayPal as a funding method for Crypto.com users. This collaboration enables U.S. users to fund their crypto purchases using PayPal. By linking their PayPal and Crypto.com wallets, users can easily transfer digital…
PYUSD
PayPal USD
News
PayPal is teaming up with Anchorage Digital to promote its stablecoin PYUSD, despite legal issues and regulatory uncertainties surrounding stablecoin interest payments. This partnership, first reported by Fortune, will incentivize institutional investors to hold PayPal’s PYUSD (PYUSD) by offering rewards…
Markets
PayPal stock has moved into a bull market, rising by over 26% from its lowest point this month. PayPal USD stablecoin’s market cap PayPal USD (PYUSD), the company’s stablecoin launched in August 2023, has been performing well. Data shows that…
News
Cryptocurrency exchange Bybit says users can now deposit and withdraw PayPal’s PYUSD stablecoin on the Solana network. Bybit has announced the expansion of its support for Solana-based assets, including the addition of PayPal’s PYUSD stablecoin, the company said in an…
SOL
Solana
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Ever since Paypal joined the Solana (SOL) ecosystem, the volume for its stablecoin has exceeded 300 million weekly trades. PayPal’s PYUSD stablecoin’s weekly transaction volumes have soared to over $500 million, a notable increase from its previous volume of $150…
News
Backed by PayPal, fintech connection layer Mesh has unveiled a partnership with Italy’s crypto wallet Conio. American fintech startup Mesh has announced a partnership with Italian crypto wallet Conio, aiming to broaden its reach to multiple crypto trading platforms such…
