PayPal News

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…

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…

Transak has announced the listing of PayPal’s stablecoin, PayPal USD (PYUSD), on its platform. Transak users can now purchase PYUSD using their preferred local payment methods.  This integration was a strategic move aiming to overcome the core challenge of wider…

Cloud-based multi-asset platform Uphold has begun notifying some of its customers about its decision to suspend support for Tether’s USDT, and Gemini’s GUSD among other stablecoins. Multi-asset trading platform Uphold will cease support for a basket of stablecoins due to…

Online payment giant PayPal has announced that its PYUSD stablecoin has officially launched on the Solana blockchain. The company revealed its stablecoin network expansion in a press release. The decision would make PYUSD faster and cheaper for people to use.…

MoonPay announced today that its U.S. users can now buy and sell more than 110 cryptocurrencies through PayPal.

Paypal plans to reward Bitcoin mining firms who take steps to reduce the environmental effects of their operations. PayPal’s Blockchain Research Group, in partnership with Energy Web and DMG Blockchain Solutions, has proposed utilizing “cryptoeconomic incentives” to encourage Bitcoin miners…

PayPal is set to alter its protection policies for NFT transactions, marking a striking shift from its previous stance of supporting the tokens.

PayPal's international payment service, Xoom, will allow U.S.-based users to send money overseas using PayPal's stablecoin, PYUSD. 

Kirkland & Ellis — Celsius' legal counsel — shared an update on the creditor fund distributions outlined in the restructuring plan.

International payment giant PayPal has completed its first investment using its stablecoin PayPal USD (PYUSD). In a press release on Jan. 29, the San Jose-headquartered payment company said that its investment branch, PayPal Ventures has thrown its support behind Mesh,…

Upland distributed over $13.5 million to players' PayPal accounts in December 2023

A spokesperson for PayPal confirmed to Reuters that the company had received a subpoena tied to its U.S. dollar stablecoin. Payments giant PayPal received an investigative subpoena from the U.S. Securities and Exchange Commission (SEC) regarding its stablecoin tied to…

According to an Oct. 31 update, PayPal UK Limited secured registration as a cryptoasset business by the Financial Conduct Authority (FCA).

Lucy Castledine, the FCA’s director of consumer investments, said violations will be tracked on an hourly basis.

Crypto.com exchange is collaborating with PayPal and Paxos to further the development of PYUSD stablecoin