PayPal to Introduce Payment Feature via ChatGPT
PayPal will integrate the Agentic Commerce Protocol (ACP) and OpenAI's Instant Checkout feature, enabling users to make purchases through ChatGPT.
PayPal to Introduce Payment Feature via ChatGPT
PayPal will integrate the Agentic Commerce Protocol (ACP) and OpenAI's Instant Checkout feature, enabling users to make purchases through ChatGPT.
Paxos Accidentally Mints 300 Trillion PYUSD
On October 15, the infrastructure provider for stablecoins, Paxos, inadvertently minted 300 trillion PYUSD for PayPal.
Hyperion DeFi Appoints PayPal Executive as CFO
David Knox, a senior executive at PayPal, has joined the digital asset management firm Hyperion DeFi as Chief Financial Officer.
PayPal to Integrate Bitcoin and Ethereum into P2P Payments
On September 15, payment giant PayPal launched a P2P service. Bitcoin, Ethereum, and the stablecoin PYUSD will soon be integrated into it.
PayPal to Launch Cryptocurrency Payments for US Businesses
On July 28, the payment service PayPal announced the launch of cryptocurrency payments for businesses in the United States. The Pay with Crypto feature will support over 100 assets, ranging from Bitcoin to Fartcoin. Tired: Paying high transaction fees for international payments. Wired: Reducing costs up to 90% by offering pay with crypto for payments. […]
SEC Drops Investigation into PayPal’s Stablecoin
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the PYUSD stablecoin from payment giant PayPal. The regulator informed the company of the closure of the inquiry without any claims or penalties. PayPal received a request from the SEC for documents regarding the “stablecoin” in November 2023. At that time, company representatives […]
PayPal to Introduce Rewards for PYUSD Holders
Payment service PayPal is set to launch a rewards program for holders of the PYUSD stablecoin in the United States to boost its popularity. This was announced in the company’s blog. American users will be offered an annual rate of 3.7% on PYUSD deposits in PayPal or Venmo. Interest in stablecoins is planned to be […]
PayPal Expands Cryptocurrency Offerings with Solana and Chainlink
Payment giant PayPal has added support for the cryptocurrencies Solana and Chainlink for customers in the United States and related regions. This information appeared on the company’s frequently asked questions page. Users can buy, sell, hold, and transfer these assets directly through the service. Previously, customers could use PayPal as a payment method to purchase […]
PayPal to Enhance PYUSD Stablecoin Features for Businesses
Payment giant PayPal plans to integrate its stablecoin PYUSD into more of its products for small and medium-sized businesses by the end of the year, according to Bloomberg. Michelle Gill, head of the company’s small business and financial services division, clarified that the goal is to simplify payments between more than 20 million entrepreneurs and […]
PayPal Expands Cryptocurrency Services to Business Accounts
Payment giant PayPal has enabled corporate clients in the United States to buy, hold, and sell cryptocurrencies directly from their business accounts. This was announced in a statement by the company. “Since launching the ability to buy, sell, and hold cryptocurrencies for PayPal and Venmo users in their wallets, we have learned a lot about […]
PayPal and Venmo Integrate Ethereum Name Service for Crypto Payments
Payment platforms PayPal and Venmo have integrated the Ethereum Name Service (ENS). ? We’re thrilled to announce that @ensdomains is now supported on @PayPal & @Venmo! This new feature brings the power of ENS to millions, making crypto transfers easier and more secure than ever—starting in the USA.? pic.twitter.com/9hsrhRqEAp — ens.eth (@ensdomains) September 10, 2024 […]
PYUSD Market Capitalisation Surpasses $500 Million Following Solana Integration
The total market capitalisation of PayPal USD (PYUSD) stablecoins has exceeded $500 million, according to DeFi Llama. This milestone was achieved following the addition of support for Solana. Over the past month, the figure has risen from $270 million to over $531.9 million. The increase in PYUSD supply followed its expansion to the Solana network […]We use cookies to improve the quality of our service.
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