August 15, 2023

PayPal Unveils Cryptocurrencies Hub: A New Crypto-Inclusive Feature

Payments giant PayPal has launched a new feature that allows users to hold and interact with Bitcoin (BTC) and other cryptocurrencies in their accounts. The new functionality, called Cryptocurrencies Hub, will allow users to not […]

August 14, 2023

What is PayPal USD, and how does it work?

1. PayPal USD (PYUSD), explained Going by the company’s communique, PayPal USD is designed for people who wish to avoid the volatility of other cryptocurrencies. PayPal is rolling out its own […]

August 14, 2023

PayPal hires Intuit veteran with small business expertise to be next CEO

By Niket Nishant and Manya Saini (Reuters) -Digital payments giant PayPal (NASDAQ:PYPL) Holdings on Monday named Alex Chriss, a top executive at tax-preparation software firm Intuit (NASDAQ:INTU), its next CEO as it […]

August 10, 2023

Circle preps $1B war chest to deal with market threats from PayPal and others

Circle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26 billion as the summer winds down. Stablecoin issuer Circle has a $1 […]

August 7, 2023

PayPal becomes first major fintech to launch dollar-backed stablecoin

Payments giant PayPal (NASDAQ:PYPL) said on Monday it has launched a U.S. dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers. While […]