PayPal, MoonPay launch platform to support custom stablecoin issuance for PYUSD apps

PayPal and MoonPay have introduced a new platform that allows developers to create custom stablecoins backed by PayPal’s PYUSD. In a joint Feb. 27 press release, the companies announced the launch of PYUSDx, a framework developed with M0 to support…

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PayPal’s PYUSD stablecoin supply doubles to $2.5b in a month

PayPal’s PYUSD supply has surged 113% month-over-month, hitting an all-time high of $2.54 billion. PayPal’s stablecoin PYUSD has broken out of its quiet launch phase. On Friday, Oct. 3, the stablecoin reached an all-time high in circulating supply at $2.54…

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PayPal taps Aptos to boost stablecoin PYUSD usage in real-world payments

Aptos Labs has confirmed that Aptos has officially become the Move-based launch partner for PYUSD0, a cross-chain permissionless version of PayPal’s dollar-pegged PYUSD stablecoin. The alliance leverages Stargate and LayerZero to bridge PYUSD0 into Apto’s innovative blockchain to support PYUSD usage in day-to-day payments.

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Kraken adds PayPal as funding option for U.S. customers

Kraken has added PayPal as a funding option for U.S. users, enabling instant USD deposits with no bank details needed. The feature has seen over $1M in volume during an unpromoted soft launch. Kraken has launched PayPal as a new…

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PayPal To Launch ‘Pay With Crypto’ For 100 Tokens, Including BTC, ETH, And XRP, Bridging US Merchants To $3.9T Crypto Economy

Payments giant PayPal will roll out within weeks a new “Pay with Crypto” feature that will let US merchants accept payments in over 100 cryptocurrencies, [...]

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XLM slows, but this DeFi token is gaining faster traction with just 15% supply left

Stellar (XLM) slowed its meteoric rise, trading at $0. 5173 as of July 18, 2025, after an 85% weekly surge from $0. 30 to $0. 50, per CoinMarketCap. The rally, driven by PayPal’s July 11 announcement to launch PYUSD on Stellar (XLM)’s blockchain, has hit resistance at $0.

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PayPal to launch its stablecoin PYUSD on Stellar

PayPal is set to bring its stablecoin PYUSD to the Stellar blockchain, pending regulatory approval. According to an official announcement, PayPal is bringing its stablecoin PayPal USD (PYUSD) to the Stellar (XLM) blockchain network, known for its speed and low-cost…

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Plume taps into PayPal USD to power new PayFi vault

Plume, a layer 1 blockchain for real-world asset finance, plans to launch a new payment finance product offering real yield use cases powered by the PayPal USD stablecoin. The PayPal USD (PYUSD)-powered PayFi Vault, dubbed nPAYFI, will go live on…

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PayPal-backed Mesh teams up with Reown to verify Bitcoin wallets for Travel Rule

Connectivity layer Mesh has entered into a partnership with Reown for wallet ownership verification, beginning with the Bitcoin ecosystem. Mesh, a U.S. fintech whose investors include PayPal Ventures, has joined forces with Reown (formerly WalletConnect) to launch wallet ownership verification…

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Revolut in advanced stages of plan to launch its own stablecoin

Fintech giant Revolut is reportedly in the advanced stages of developing its own stablecoin, CoinDesk reported on Sept. 17, citing sources familiar with the matter. Revolut, which secured a UK banking license earlier this year, aims to follow the lead of major industry players like PayPal, Ripple, and BitGo, all of which have recently entered […] The post Revolut in advanced stages of plan to launch its own stablecoin appeared first on CryptoSlate.

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Revolut to Launch US Dollar Stablecoin: Details

Revolut might soon join Paypal and Ripple in stablecoin pursuit

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Former Coinbase executives launch TrueX exchange, using PayPal’s PYUSD

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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Ex-Coinbase execs to launch exchange using PayPal stablecoin for settlement 

Founders who used to work at Coinbase, Circle and Goldman Sachs teamed up to create an exchange that will use PayPal USD as its main settlement currency. 

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Solana emerges as an institutional favorite following PayPal USD launch

Solana could emerge as a leading blockchain for payment institutions. Is a Solana-based ETF next?

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Worldcoin to Partner With PayPal, OpenAI Ahead of Layer-2 Debut

Worldcoin, led by Tools for Humanity, is set to launch World Chain and explore partnerships with PayPal and OpenAI, marking a significant expansion into finance and AI with its innovative blockchain solutions.

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Sam Altman’s Worldcoin eyeing PayPal and OpenAI partnerships

Worldcoin recently announced plans to launch its open-source blockchain, World Chain. Worldcoin has faced regulatory challenges around the world. Worldcoin’s collaboration with PayPal and OpenAI will be a major achievement for the company.

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PayPal USD (PYUSD) Gains More Traction with Venmo Launch

PayPal's regulated stablecoin, PayPal USD (PYUSD), marks a new milestone as it becomes available on Venmo

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PayPal’s PYUSD Stablecoin Faces Limited Adoption Despite Hype

Payment company PayPal's PYUSD stablecoin struggles with adoption, with only $6.49M in circulation a month after launch. The post PayPal’s PYUSD Stablecoin Faces Limited Adoption Despite Hype appeared first on BeInCrypto.

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Assessing PayPal USD's [PUSD] performance weeks after its launch

At press time, PYUSD’s market cap was under $5 million. PayPal USD trailed behind over 30 stablecoins as adoptions drag. The payment giant PayPal introduced PayPal USD [PYUSD] earlier thiThe post Assessing PayPal USD's [PUSD] performance weeks after its launch appeared first on AMBCrypto.

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PayPal’s Trojan Horse: Why PYUSD Poses Risks for Crypto

PayPal’s recent launch of its PYUSD stablecoin has alarmed many in the cryptocurrency community. At first glance, PYUSD may seem like PayPal embracing decentralized finance. But further analysis reveals PYUSD’s design systematically enriches PayPal at the expense of users and the crypto ethos.

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PayPal Reinvents Itself With A Cryptocurrency Hub On The Wave Of Launching A Dollar-Backed Stablecoin

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The Protocol: Blockchains Keep Launching, From Sei to Shibarium

In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software.

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XRP Army Discusses PayPal Listing Prospects: Details

PYUSD launch announcements caused great deal of confusion about XRP potential listing on PayPal

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PayPal to halt crypto sales in U.K. from October 1st

PayPal to pause crypto sales as it works to comply with new FCA rules. Crypto sales on its platform will likely be resumed in early 2024. PayPal is slated to launch its own stablecoin in the coming weeks.

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PayPal to launch crypto hub as part of its foray into the market

The Cryptocurrencies Hub would reshape the platform's capabilities and usability. This followed the unveiling of PayPal's dollar-backed stablecoin PYUSD. PayPal has introduced its CryptocurThe post PayPal to launch crypto hub as part of its foray into the market appeared first on AMBCrypto.

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PayPal discreetly launches crypto hub for selected users

PayPal’s introduction of a Crypto Hub and the launch of its stablecoin, PYUSD, mark a significant step in the cryptocurrency space. PayPal, a California-based fintech company, unveiled its new crypto hub on Aug. 7. It allows users to engage in…

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PayPal aiming for DeFi push after stablecoin launch – SVP Blockchain, crypto

PayPal intends to continue its push into the crypto industry by integrating its newly launched stablecoin PYUSD with the decentralized finance (DeFi) ecosystem. PayPal’s senior vice president of blockchain, crypto, and digital currencies, Jose Fernandez da Ponte, said during an appearance on the Unchained Podcast that the firm wants its stablecoin to be useable for […] The post PayPal aiming for DeFi push after stablecoin launch – SVP Blockchain, crypto appeared first on CryptoSlate.

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How Paypal USD may affect Ethereum as first ‘stern warning’ appears

PYUSD's launch on the Ethereum blockchain could positively influence ETH, an analyst opined. The U.S. banking agency has cautioned banks from using the stablecoin. The entry of PayPal USD [PThe post How Paypal USD may affect Ethereum as first ‘stern warning’ appears appeared first on AMBCrypto.

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PayPal’s stablecoin meets resistance from Democrat Waters

Democratic congresswoman Maxine Waters has expressed her concerns over PayPal’s launch of its dollar-pegged stablecoin, PYUSD. In a written statement on Aug. 9, Waters urged for comprehensible regulation.

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US Congresswoman Raises Concerns About Paypal Stablecoin In The Absence Of Regulation

Earlier this week, popular American payment giant Paypal unveiled the launch of its USD-pegged PYUSD stablecoins to investors. In response, Democrat congresswoman Maxine Waters has raised palpable concerns that may or may not threaten the stablecoin’s operations.

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PayPal Stablecoin Sparks Political Fury: House Financial Services Committee In Turmoil

According to a recent report by Bloomberg, Maxine Waters, the top Democrat on the House Financial Services Committee, expressed deep concern over PayPal Holdings Inc. ’s stablecoin launch without a comprehensive regulatory framework.

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Rep. Maxine Waters criticizes PayPal’s stablecoin, demands regulation on par with financial institutions

Democratic U. S. Congresswoman and House Financial Services Committee Ranking Member Maxine Waters criticized PayPal’s stablecoin on Aug. 9. Waters said in a statement: “I am deeply concerned that PayPal has chosen to launch its own stablecoin while there is still no Federal framework for regulation, oversight, and enforcement of these assets.

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The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software

In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software.

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Can PayPal Ignite the Next Crypto Bull Market?

The crypto community has been buzzing with discussions about PayPal’s potential influence on the decentralized finance (DeFi) sector and the broader crypto market. The discourse has been fueled by the company’s recent announcement about its plans to launch a stablecoin.

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Can PayPal’s PYUSD Be Frozen In Your Wallet Like Tether’s USDT?

PayPal and Paxos dominated the news cycle on Monday with the announcement of the launch of the PayPal (PYUSD) stablecoin, but concerns have been raised about the possibility of user assets being frozen in their wallets, as is the case with USDT.

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Ripple’s CTO Weighs In: Is PayPal’s New Stablecoin Safe Or A Centralization Nightmare?

In the fast-paced domain of cryptocurrencies, industry giants are constantly seeking ways to advance and adapt. San Jose-based payment platform, PayPal, has been no exception to this trend. The company’s recent introduction of its own stablecoin, PayPal USD (PYUSD), signals a landmark move in its journey within the cryptocurrency sector. The launch, however, was quickly […]

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Huobi to launch PayPal’s stablecoin trading

Huobi will launch a trading pair with PayPal’s stablecoin PYUSD, backed by the US dollar, with a perpetual zero trading fee. Huobi users will be able to trade PYUSD/USDT. The announcement highlights that the exact date of pair launch will depend…

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PayPal Launches PYUSD Stablecoin: Guide to What We Know So Far

U.S.-based fintech heavyweight PayPal becomes first Web2 major to launch its own native USD-pegged stablecoin

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How Ethereum stands to gain from PayPal USD's launch

Paypal launched its stablecoin as an ERC-20 token on the Ethereum network. Sentiment around Ethereum improved, but price movement remained the same. Recently, online payment leader PayPal foThe post How Ethereum stands to gain from PayPal USD's launch appeared first on AMBCrypto.

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PayPal’s PYUSD Launch Triggers Calls For Stablecoin Bill

United States Republican Patrick T. McHenry, Chair of the House Financial Services Committee, has released a statement calling for the need to pass the Stablecoin Bill in the wake of PayPal’s launch of its own stablecoin PYUSD.

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US official calls for stablecoin law amid PayPal’s PYUSD launch

Representative Patrick McHenry, the US House Financial Services Committee chair, endorsed PayPal’s stablecoin, PYUSD, as a key pillar for modern payments. The endorsement was given on Aug. 7, shortly after PayPal announced the stablecoin launch in partnership with Paxos. In…

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Ripple CTO Defends PayPal's New Stablecoin Security Feature

PayPal's launch of its own stablecoin, PayPal USD (PYUSD), has sparked debates around security and centralization, with Ripple's CTO David "JoelKatz" Schwartz stepping into the fray to shed light on its features

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PayPal stablecoin launch sparks wave of fake PYUSD tokens

Nearly 30 fake PYUSD tokens cropped up in the wake of PayPal’s most recent announcement.

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Could PayPal’s Stablecoin Enhance Ethereum as the Money Layer of the Internet?

PayPal has announced the launch of a new dollar-pegged stablecoin, PYUSD, on the Ethereum network. The move has been largely welcomed by the crypto community, despite some concerns over centralization.

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US Congressman McHenry Praises Stablecoins, Calls Them Vital To 21st-Century Payments

In a notable move that highlights the growing acceptance and potential of stablecoins in modern payment systems, PayPal has announced the launch of its payment stablecoin PYUSD.  This development comes shortly after the House Financial Services Committee passed the Clarity for Payment Stablecoins Act, a bipartisan legislation that paves the way for regulated stablecoin issuers, […]

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Paypal Becomes First Major Company To Issue Dollar-Pegged Stablecoin In Crypto Push

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PayPal ventures into stablecoins with launch of PYUSD

PayPal has introduced its stablecoin, PayPal USD (PYUSD), marking its latest foray into digital currency. A global payment platform PayPal launched its own stablecoin on August 7, PayPal USD (PYUSD), making it the first large financial company to do so.…

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PayPal Announce Launch of Its Stablecoin PYUSD in Partnership With Paxos

PayPal has announced the launch of its stablecoin PYUSD, backed by the US dollar and short-term treasuries, in partnership with Paxos. The post PayPal Announce Launch of Its Stablecoin PYUSD in Partnership With Paxos appeared first on BeInCrypto.

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PayPal stablecoin PYUSD launches on Ethereum

In a move signaling the significant shift towards digital currencies, PayPal has announced the launch of its U. S. dollar-backed stablecoin – PayPal USD (PYUSD). This development, announced by PayPal directly, adds a new dimension to the emerging potential of regulated, fully-backed stablecoins in transforming payments in digitally native environments like web3.

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