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 ...

CEO Alex Chriss emphasized that 2024 marked a transition year, with the company narrowing focus on strategic initiatives to drive growth. Key highlights included a 10% increase in total payment ...

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 ...

Investors who can identify future trillion-dollar businesses ahead of time can achieve remarkable returns. PayPal's massive scale and financials are impressive. Other payments companies have a ...

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 ...

On Monday, fintech giant PayPal unveiled the PayPal USD stablecoin, a new dollar-pegged stablecoin issued by Paxos and backed by deposits in dollars, cash, and short-term treasuries. As the name ...

PayPal projects full-year 2025 transaction margin dollars of $15.2 billion to $15.4 billion, representing 4.5% growth at the midpoint. Excluding interest on customer balances, growth is expected ...