PayPal enables crypto for 650 million users: What it really means
PayPal provides a way to use cryptocurrencies within its system, granting access to up to 650 million users and allowing merchants to accept over 100...
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RedotPay Closes a $40 Million Series A Funding Round
TL;DR RedotPay raised $40 million in a Series A funding round, led by Lightspeed, Galaxy Ventures, and other investors. Launched in 2023, the platform already...
Coinbase Wallet to Integrate a Tap-to-Pay System to Compete with PayPal
TL;DR Coinbase Wallet will soon launch a “tap-to-pay” functionality for cryptocurrency payments, competing with platforms like Cash App and PayPal. The tool will allow users...
Venmo Partners with MoonPay to Simplify Crypto Purchases for 60 Million Users
TL;DR Seamless Integration: Venmo’s partnership with MoonPay allows its 60 million users to buy cryptocurrencies directly through their Venmo accounts, simplifying the process without needing...
PayPal USD (PYUSD) Now Available on MoonPay for Global Transactions
TL;DR PayPal has launched its stablecoin, PYUSD, on MoonPay, allowing transactions with multiple payment methods in most countries, except Canada. This integration results from a...
PayPal’s PYUSD Stablecoin Drops 30% as Solana DeFi Incentives Decline
TL;DR PayPal’s PYUSD stablecoin has seen its market cap drop by 30% over the past month. The drop is due to declining incentives in Solana’s...
PayPal’s U.S. Dollar-Pegged Stablecoin Supply on Solana Surpasses Ethereum
TL;DR Solana Surpasses Ethereum in PYUSD Supply: The supply of PayPal’s U.S. dollar-pegged stablecoin (PYUSD) on Solana has exceeded 377 million, surpassing the 356 million...
PayPal PYUSD Market Cap Surges 70% in One Month. Is It the Best Stablecoin Right Now?
In a month marked by notable changes in the cryptocurrency landscape, PayPal PYUSD stablecoin has seen an impressive 70% growth, raising its market capitalization to more...
PayPal’s New Leap: Enabling Crypto Payments for US Users
PayPal, the online payment giant, has announced a new feature that allows its US users to pay with cryptocurrencies directly from their wallets. The feature,...
PayPal Partners With MetaMask to Integrate Crypto
According to a statement released by both firms on Wednesday, PayPal will be integrating its buy, sell, and hold cryptocurrency services with MetaMask Wallet in...