PayPal launches stablecoin platform with $100M volume
Share
PayPal Holdings has launched PYUSDx, allowing businesses to create custom stablecoins backed by PayPal USD (CRYPTO:PYUSD).
PayPal Holdings has launched PYUSDx, allowing businesses to create custom stablecoins backed by PayPal USD (CRYPTO:PYUSD).
PayPal's US dollar-backed stablecoin, PayPal USD (CRYPTO:PYUSD), is now available natively on the Polygon (CRYPTO:POL) blockchain through issuer Paxos.
Senior executives from PayPal and Google Cloud said at the Consensus 2026 conference in Miami that cryptocurrency networks are emerging as the natural payment layer for AI-powered commerce.
PayPal Holdings (NASDAQ:PYPL) reportedly received a $60.50-per-share offer from Stripe and Advent International, valuing it above $53 billion.
PayPal Holdings (NASDAQ:PYPL) reported second-quarter 2026 revenue of $8.68 billion and adjusted earnings of $1.38 per share, exceeding Wall Street expectations.
