By Marco Piccolo Key highlights: PayPal introduces “Pay with Crypto,” allowing U.S. merchants to accept over 100 cryptocurrencies, including Bitcoin, Ethereum, and select memecoins. Crypto payments will be converted into PayPal’s PYUSD stablecoin and then into USD, offering lower fees than typical credit card processing. Initially targeting small businesses, PayPal plans to expand the service […]
Tag: PYUSD
By Marco Piccolo Key highlights: Fiserv plans to debut its FIUSD stablecoin on the Solana blockchain by the end of 2025, targeting 10,000 financial institutions and six million merchants. FIUSD will be developed in partnership with Circle and Paxos, and will feature interoperability with PayPal USD to enable seamless cross-platform transactions. The initiative aligns with […]
By Marco Piccolo PayPal has announced plans to launch its PayPal USD (PYUSD) stablecoin on the Stellar blockchain. The move comes as PYUSD’s market capitalization returns above the $1 billion mark. PYUSD heads to Stellar for faster, cheaper payments Pending final regulatory approval from the New York State Department of Financial Services (NYDFS), PayPal’s PYUSD […]