PayPal applies for Utah industrial bank license to support PYUSD and expand small-business lending
In a strategic move to reshape its role in the financial ecosystem, PayPal has taken formal steps to establish its own bank. On December 15,...
Tag : PYUSD
PayPal’s PYUSD Stablecoin is Fully Backed by U.S. Treasuries and Cash, Paxos Reveals
by jose
PayPal, the global online payment giant, has launched its own Ethereum-based stablecoin called PayPal USD (PYUSD) in partnership with Paxos, a regulated blockchain infrastructure platform....
PayPal and Ledger Partnership Streamlines US User Access to Cryptocurrencies
by jose
On August 7th, PayPal, the global payment processing giant, announced the launch of its United States dollar-pegged payment stablecoin, PayPal USD (PYUSD). The stablecoin is...