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Payments giant Visa has launched a pilot in the US, allowing US dollar-pegged stablecoin payouts to be sent from business accounts funded using fiat currency, such as US dollars.Visa announced the pilot at the Web Summit in Lisbon, Portugal, on Wednesday, which allows users of its digital payments n…
Paxos, an established real-world assets tokenization company, has announced plans to broaden its market share. The company announced that it applied to convert its charter under the New York Department of Financial Services (NYDFS) into a national charter.Paxos filed for a national charter with the…
PayPal and Coinbase have partnered to remove trading fees from the stablecoin PayPal USD (PYUSD) to boost its adoption, the companies announced Thursday. Users can now buy, sell and trade PYUSD on Coinbase without any platform fees and redeem PYUSD 1:1 for USD directly on the exchange, according to …
Paxos released a September 2024 transparency report on PayPal USD. The report highlights asset backing and recent declines in circulating supply. Continue Reading:Paxos Publishes Transparency Report on PayPal USD Stablecoin The post Paxos Publishes Transparency Report on PayPal USD Stablecoin appear…
Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone highlights the role digital currencies can play in streamlining cross-border transactions, with Paypal partnering with Ernst & Young LLP. Paypal Co…