Global payments giant PayPal (PYPL) is entering the cryptocurrency market with its own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), the company announced on Monday. The Ethereum-based token ...

PayPal is rolling out its first stablecoin as it attempts to capitalize on the “emerging potential” of US dollar-backed digital tokens for consumer payments. The stablecoin, PayPal USD ...

Aug 7 (Reuters) - Payments giant PayPal (PYPL.O), opens new tab said on Monday it has launched a U.S. dollar stablecoin, becoming the first major financial technology firm to embrace digital ...

PayPal USD is built on Ethereum and is 1:1 redeemable for US dollars. PayPal USD is built on Ethereum and is 1:1 redeemable for US dollars. PayPal is launching its own stablecoin: PayPalUSD (PYUSD).