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PayPal
5 posts
PayPal stablecoin PYUSD soon available on Triple-A
Triple-A seeks to bolster payment diversity with PayPal's PYUSD addition. Singapore-based licensed payment firm Triple-A is set to integrate PayPal’s stablecoin, PYUSD, into its range of token offerings by the end of June, according to a recent report from Bloomberg.With the addition of PYUSD, Triple-A customers can choose from a wide range of payment options
PayPal rival used by Uber and Spotify has lost so much market value in U.S. push that it’s cost its founders $2 billion this year
Adyen has been hailed as a fintech star in its own right—a darling to investors, a pandemic winner, and a competitor to the likes of PayPal and Stripe. But the Dutch payments company has had a turbulent few months, as its shares have dropped about 48% since the start of the year. The downturn, driven
PayPal Does Not Support XRP Conversion – Are The Recent Claims False?
There have been misleading claims recently as FinTech giant, PayPal, released its new digital asset converter feature. This feature will enable interconversion between PayPal’s PYUSD stablecoin and other digital assets. Amid this new development, false claims about the payment gateway supporting conversions between PYUSD and XRP have emerged. However, the claim is untrue, as the
Visa, Mastercard, and PayPal suspend Russian operations in response to Ukraine invasion
Bottom line: Visa and Mastercard issued separate statements on Saturday announcing their intent to suspend all Russian operations. The coordinated effort by the two largest credit networks in the world is another attempt to ratchet up the pressure on the already ailing Russian economy. The announcements came on the same day a letter from PayPal…
PayPal is considering launching its own asset-backed stablecoin
In brief: PayPal is looking into the possibility of launching its own stablecoin, a type of cryptocurrency that is financially backed by another asset, as it looks to further expand its crypto division. As the name suggests, most stablecoins are backed by an existing asset of value, like fiat currency, exchange-traded commodities (such as precious…