In a groundbreaking move, Detroit is set to become one of the first major U.S. cities to offer residents the option to pay municipal fees using cryptocurrency.
Read MoreIn a groundbreaking move, Detroit is set to become one of the first major U.S. cities to offer residents the option to pay municipal fees using cryptocurrency.
Read MorePayPal Holdings, Inc. (NASDAQ: PYPL) has announced robust financial results for the third quarter of 2024, demonstrating significant growth across various operational metrics.
Read MoreIn a remarkable milestone, Solana (SOL), the Layer-1 blockchain network, has achieved a market capitalization of $83.56 billion, surpassing that of popular financial service provider PayPal, which sits at approximately $83.52 billion.
Read MorePayPal’s stablecoin, PYUSD, has faced a steep decline in market capitalization over the past six weeks, plummeting from over $1 billion to approximately $610 million at the time of writing.
Read MoreVenmo has officially integrated with MoonPay, allowing U.S. users to fund Bitcoin and other cryptocurrency purchases directly from their Venmo balances, bank transfers, or debit cards.
Read MorePayPal’s dollar-linked stablecoin, PYUSD, is experiencing a notable decline in its market capitalization, raising questions about its long-term viability.
Read MoreIn a significant advancement for digital currencies, PayPal has completed its first business payment using its proprietary stablecoin, PYUSD. This landmark transaction, reported by Paige Smith for Bloomberg News, took place on September 23, 2024, and involved an invoice sent to Ernst & Young LLP.
Read MoreMoonPay has officially added support for PayPal USD (PYUSD), the dollar-denominated stablecoin issued by Paxos Trust Company. Users can now purchase PYUSD using all major payment methods in all supported countries, excluding Canada.
Read MorePayPal has taken another significant step into the cryptocurrency world by allowing U.S. merchants to directly buy, hold, and sell digital assets using their business accounts.
Read MorePayPal has announced significant advancements in its cryptocurrency offerings, aiming to bridge the gap between consumer and business adoption.
Read MorePayPal has officially confirmed its preference for the Solana blockchain over Ethereum for launching its stablecoin, PYUSD. José Fernández da Ponte, head of PayPal’s Blockchain, Crypto, and Digital Currencies business unit, cited the Ethereum network's shortcomings in facilitating effective payment solutions as a key reason for this decision.
Read MoreIn a significant development for cryptocurrency users, Venmo and PayPal have announced that their platforms will now support Ethereum Name Service (ENS) names for cryptocurrency transfers.
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