Paxos released a transparency report for PayPal USD stablecoin, highlighting secure reserves and reduced token supply as of August 31, 2024.
Paxos released a transparency report for September 2024 on PayPal USD, highlighting asset backing and a decrease in its circulating supply.
OKX is launching PayPal USD (PYUSD), a stablecoin backed by the US dollar.
Paypal introduces a feature enabling U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts, excluding New York. This caters to growing business demand.
Former Coinbase executives launch TrueX, leveraging stablecoins for efficient liquidity and settlement solutions, said CEO Vishal Gupta.
PayPal USD surpassed a $1 billion market cap. It's backed 1:1 by the US dollar.
PayPal USD (PYUSD) reaches a $1 billion market cap in just 383 days, marking a significant milestone in the stablecoin market.
PayPal partners with Anchorage Digital to launch a stablecoin rewards program aimed at boosting institutional adoption of PayPal USD (PYUSD).
PayPal USD (PYUSD) gains attention with a 61% supply surge on Solana, signaling shifts in the stablecoin market.
The speed and scalability of Solana make PYUSD accessible, cost-effective, and instantaneous, facilitating various use cases.
