PayPal PYPL and Block XYZ are well-known providers of digital payments in the rapidly evolving fintech sector. Both offer ...

TechCrunch has reached out to PayPal for comment. In early August, PayPal launched PalPal USD, or PYUSD, a stablecoin issued by Paxos Trust Company and backed by U.S. dollar deposits. At the time ...

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 ... your retirement account. In a Tuesday regulatory ...

For a moment, Chris Reynolds was the world's richest man. The Pennsylvania resident checked his PayPal account expecting a zero balance. Instead, he found a credit of more than $92 quadrillion.

When Chris Reynolds opened his June PayPal e-mail statement, something was off. The Pennsylvania PR executive’s account balance ... in the world by a long shot. Rich, as in more than a million ...

Users can opt into or opt out of the program at any time and redeem their PYUSD holdings for USD quickly and easily in their PayPal or Venmo Cryptocurrencies Hub. PayPal, Inc. (NMLS ID #: 910457 ...

PayPal USD (PYUSD) is issued by Paxos Trust Company and is backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal says the stablecoin is rolling out to U.S ...

Fintech company PayPal has completed its first business payment using PayPal USD (PYUSD), its proprietary USD-pegged stablecoin. According to an Oct. 3 Bloomberg report, the payment was made to ...

PayPal’s Xoom has started settling cross-border payments using its stablecoin, PayPal USD (PYUSD), the payments ... to buy cryptocurrency using a PayPal account. That partnership extended ...

NEW DELHI: Digital retail payments platform Pine Labs today said Temasek and PayPal Holdings Inc have acquired minority stakes in the company for a combined USD 125 million (about Rs 843 crore).