2023-8-11 13:03 |
David Schwartz puns PayPal as stablecoin PYUSD falls under Fed scrutiny
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Cryptocurrency exchange Bybit says users can now deposit and withdraw PayPal’s PYUSD stablecoin on the Solana network. Bybit has announced the expansion of its support for Solana-based assets, including the addition of PayPal’s PYUSD stablecoin, the company said in an…
2024-8-16 16:51 | |
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PayPal said it has expanded its US dollar stablecoin PYUSD to the Solana blockchain network to empower its users with fast, secure, and cheaper stablecoin transactions, according to a May 29 statement.
2024-5-30 19:30 | |
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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.…
2024-5-29 17:56 | |
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PayPal stablecoin PYUSD falls into regulatory crosshairs as US Fed issues warning
2023-8-10 15:42 | |
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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 […]
2023-8-8 21:00 | |
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Major member of Shiba Inu team speculates that SHI stablecoin, when launched, will be much more trusted that PayPal's PYUSD
2023-8-8 18:40 | |
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An analysis of the smart contract of the just-launched PayPal stablecoin PYUSD revealed the presence of so-called “centralization attack vectors.” Smart contract security auditor Pashov pointed out in a recent Twitter thread that PYUSD’s contract has an ‘assetProtection’ role. It…
2023-8-8 17:49 | |
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Crypto infrastructure provider Paxos Trust is already working on other stablecoin projects similar to PayPal’s new PYUSD, said Paxos’ head of strategy Walter Hessert on CoinDesk TV on Tuesday.
2023-8-8 17:43 | |
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U.S.-based fintech heavyweight PayPal becomes first Web2 major to launch its own native USD-pegged stablecoin
2023-8-8 16:23 | |
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PayPal stablecoin PYUSD might go live on Huobi exchange first
2023-8-8 16:19 | |
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In a recent tweet, analyst Cygaar shed light on the intricacies of the PayPal stablecoin contract. One of the key points Cygaar highlighted was that the contract is written in an extremely old version of Solidity.
2023-8-8 13:57 | |
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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.
2023-8-8 13:30 | |
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In the aftermath of PayPal’s recent announcement, a swarm of counterfeit PYUSD tokens, numbering around 30, has emerged. Following the introduction of PayPal’s latest stablecoin, PYUSD, speculators, risk-takers, and potential fraudsters are already endeavoring to exploit the buzz by launching their own imitation tokens.
2023-8-8 13:01 | |
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Quick Take Tether, the issuer of USDT, has recently experienced one of its largest redemptions since the FTX collapse in Nov. 2022, according to Paolo Ardoino, Tether’s CTO. A total of approximately 325 million USDT was redeemed, marking a significant event in the stablecoin’s history.
2023-8-8 13:00 | |
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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…
2023-8-8 12:54 | |
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PayPal has concluded an extended period of careful consideration, advancement, and setbacks to unveil its newly established stablecoin tied to the US dollar. The stablecoin, called PayPal USD (PYUSD), facilitates users in engaging in activities such as “purchasing, vending, retaining, and transferring” the token using the payment processor’s interface.
2023-8-8 12:17 | |
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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
2023-8-8 09:04 | |
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Nearly 30 fake PYUSD tokens cropped up in the wake of PayPal’s most recent announcement.
2023-8-8 08:21 | |
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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.
2023-8-8 07:30 | |
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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, […]
2023-8-8 06:00 | |
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Representative Patrick McHenry, (R-NC), chair of the U. S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7. McHenry said in a statement: “[PayPal’s] announcement is a clear signal that stablecoins—if issued under a clear regulatory framework—hold promise as a pillar of our 21st century payments system.
2023-8-8 04:00 | |
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PayPal announces PYUSD, its own U.S. dollar-backed stablecoin, aiming to enhance digital payments. Bridging fiat and web3, PYUSD promises broad applications. The post PayPal USD Stablecoin: A New Age for Web3 Payments appeared first on NFT News Today.
2023-8-8 00:41 | |
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Reports indicate that PayPal’s stablecoin, PYUSD, was originally intended to be launched in collaboration with FTX on the Solana blockchain in 2022. However, unforeseen circumstances led to a sudden suspension of these plans.
2023-8-7 19:36 | |
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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.…
2023-8-7 18:48 | |
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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.
2023-8-7 17:55 | |
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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.
2023-8-7 17:07 | |
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PayPal (NASDAQ: PYPL) has today announced a US dollar-backed stablecoin dubbed PayPal USD (PYUSD). According to a press release the payments giant published on Monday, PayPal USD will be issued by Paxos Trust Co.
2023-8-8 16:53 | |
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According to a press release, payment company PayPal launched a U.S.-backed stablecoin called PayPal USD (PYUSD). The digital asset is supported by short-term US treasuries and their cash equivalents, and other assets in the nascent sector, such as Tether (USDT) and USD Coin (USDC), are redeemable on a 1:1 parity for its underlying. Related Reading: […]
2023-8-7 16:52 | |
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PayPal USD is 100% backed by U.S.
2023-8-7 16:23 | |
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Payment processing giant PayPal launched crypto payments in 2020 and has since been actively involved in the sector.
2023-8-8 16:07 | |
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PayPal, renowned global payments leader, has launched its own digital stablecoin, PayPal USD (PYUSD), stepping up its involvement on cryptocurrency market
2023-8-7 16:02 | |
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