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SEC drops investigation into PayPal’s stablecoin


PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant’s US-dollar stablecoin.PayPal said in an April 29 regulatory filing that the SEC concluded its investigation into PayPal USD (PYUSD) and wouldn’t be taking any action.The company...

SEC drops investigation into PayPal’s stablecoin


PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant’s US-dollar stablecoin.PayPal said in an April 29 regulatory filing that the SEC concluded its investigation into PayPal USD (PYUSD) and wouldn’t be taking any action.The company...

Coinbase Joins Forces With Paypal to Supercharge Crypto Payments


Coinbase and Paypal are unleashing a payments revolution, fusing stablecoin tech with mass adoption muscle to drive billions onchain through frictionless, instant digital transactions. Coinbase and Paypal Collide to Supercharge Crypto Payments—Onchain Adoption Begins Coinbase has broadened...

PayPal to offer 3.7% yield on stablecoin balances: Report


Payments behemoth PayPal plans to offer a 3.7% yield on balances held in its PayPal USD stablecoin.According to an April 23 Bloomberg report, a PayPal representative said that the measure aims to encourage more usage of the firm’s stablecoin. The new program is purportedly expected to launch...

Paypal and Venmo Expand Cryptocurrency Offerings With Chainlink and Solana


Paypal has announced the expansion of its cryptocurrency offerings with the addition of chainlink (LINK) and solana ( SOL) for users of both Paypal and Venmo. Starting in the coming weeks, users will be able to buy, hold, sell, and transfer these new tokens directly within their accounts....

PayPal, Venmo to roll out Solana, Chainlink transfers


Global payments platform PayPal has expanded its cryptocurrency offerings to include Chainlink (LINK) and Solana (SOL), giving US-based users the ability to buy, sell and transfer the popular tokens. Support for LINK and SOL will be rolled out over the next few weeks and will also be extended...

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