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PYUSD

PayPal Digital secures NYDFS trust charter
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4 June, 2024

PayPal Digital secures NYDFS trust charter

As a cautious approach, U.S. authorities mandate PayPal to prove USD deposits or similar cash equivalents back its PYUSD despite...
PayPal users can now use PYUSD stablecoin to fund cross-border transfers
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10 April, 2024

PayPal users can now use PYUSD stablecoin to fund cross-border transfers

With circulation down by 40%, PayPal is exploring new use cases for its PYSUD stablecoin, and international remittances have emerged...
PayPal hit with SEC subpoena over new PYUSD stablecoin
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6 November, 2023

PayPal hit with SEC subpoena over new PYUSD stablecoin

On November 1, PayPal issued its Q3 earnings report, and in a separate filing, the company revealed that it received...
PayPal, Paxos launch new stablecoin just as Fed Reserve tightens oversight
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10 August, 2023

PayPal, Paxos launch new stablecoin just as Fed Reserve tightens oversight

PYUSD is being pitched as good for sending person-to-person payments, transferring to external wallets or funding purchases and users can...
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