PayPal Launches PayPal USD, a U.S. Dollar Stablecoin on Ethereum
SAN JOSE, Calif., Aug. 7, 2023 /PRNewswire/ — Fully-backed, regulated stablecoins have the potential to transform payments in web3 and digitally native environments. To address that emerging potential, PayPal today announced the launch of a U.S. dollar-denominated stablecoin, PayPal USD (PYUSD). PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and […]
PayPal Expands Its Cryptocurrency Offering to the UK
LONDON, August 23, 2021 — PayPal today announced the launch of a new service enabling its customers in the UK to buy, hold and sell cryptocurrency. This new service starts rolling out this week. Enables access to cryptocurrency for consumers in a secure and responsible way Encourages customers to research and learn about the opportunities […]
PayPal Launches “Checkout with Crypto”
San Jose, CA — March 30, 2021 — PayPal Holdings, Inc. today announced the launch of Checkout with Crypto, a new feature which significantly expands the utility of cryptocurrency. Available at millions of global online businesses and continuing to expand over the coming months, PayPal customers with cryptocurrency holdings in the U.S. will be able […]
Dan Schulman: Digital Currencies are Going to Come Into the mainstream… The Time is Now
The CEO and president of Paypal, Dan Schulman, in his first interview since Paypal’s decision to incorporate cryptocurrency, said that crypto will become an everyday payments tool, and also spoke about the fact that the global pandemic has accelerated a number of trends, including consumers abandoning cash. December 2, 2020 CEO and president of PayPal, Dan Schulman, […]