Coinbase to let users redeem PYUSD directly for U.S. dollars Companies will work together on payments, DeFi innovations Move comes as U.S. Congress looks likely to pass stablecoin bill April 24 ...

Despite reaching an all-time high market cap of $231 billion, the stablecoin market is flashing caution signals as its 90-day ...

In the latest instance, PayPal (NASDAQ:PYPL) said that the SEC has ended a probe of its dollar-backed stablecoin product, PayPal USD or PYUSD. Don't Miss: Trade crypto futures on Plus500 with up ...

Coinbase deepens PayPal partnership to drive PYUSD access and adoption. Bitcoin now viewed as a strategic asset alongside gold, says Coinbase exec. Memorial Day Special: Access your full investing ...

PayPal has two big changes for PYUSD holders. You can expect a new rewards system for PYUSD stablecoin, PayPal's cryptocurrency that launched in 2023, and a new partnership with Coinbase ...

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% ...

On April 24, Coinbase and PayPal said they had deepened their partnership to increase the adoption of the PYUSD stablecoin. PayPal wants to integrate PYUSD into more of its products to make ...

PayPal aims to offer its stablecoin, PYUSD, as an option for its more than 20 million small-to-medium sized merchants to pay vendors through its upcoming bill-pay product by the end of this year.

It will be paid in the PayPal USD stablecoin (PYUSD) on their holdings of the same token. The rewards will be available to use for transacting with other users on the platform, funding ...

The move is part of a joint effort by Coinbase and PayPal to increase the adoption of PayPal's stablecoin, called PYUSD, which it launched in 2023. PayPal says the integration with Coinbase will ...

Coinbase (NASDAQ: COIN) and PayPal (NASDAQ: PYPL) have teamed up to make the payment giant's stablecoin, PayPal USD (CRYPTO: PYUSD), easier to buy and use. Coinbase is one of the leading U.S ...