PayPal | ForkLog

ForkLog 17 26.09.2024

PayPal Expands Cryptocurrency Services to Business Accounts

Payment giant PayPal has enabled corporate clients in the United States to buy, hold, and sell cryptocurrencies directly from their business accounts. This was announced in a statement by the company. “Since launching the ability to buy, sell, and hold cryptocurrencies for PayPal and Venmo users in their wallets, we have learned a lot about […]

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ForkLog 19 11.09.2024

PayPal and Venmo Integrate Ethereum Name Service for Crypto Payments

Payment platforms PayPal and Venmo have integrated the Ethereum Name Service (ENS). ? We’re thrilled to announce that @ensdomains is now supported on @PayPal & @Venmo! This new feature brings the power of ENS to millions, making crypto transfers easier and more secure than ever—starting in the USA.? pic.twitter.com/9hsrhRqEAp — ens.eth (@ensdomains) September 10, 2024 […]

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ForkLog 22 09.07.2024

PYUSD Market Capitalisation Surpasses $500 Million Following Solana Integration

The total market capitalisation of PayPal USD (PYUSD) stablecoins has exceeded $500 million, according to DeFi Llama. This milestone was achieved following the addition of support for Solana. Over the past month, the figure has risen from $270 million to over $531.9 million. The increase in PYUSD supply followed its expansion to the Solana network […]

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ForkLog 81 23.04.2024

PayPal to Encourage Eco-Friendly Bitcoin Mining

The PayPal Blockchain research team has proposed a solution aimed at accelerating the transition of Bitcoin miners to clean energy sources. In collaboration with EnergyWeb, the payment company’s specialists have developed a platform offering “crypto-economic incentives” to environmentally friendly Bitcoin miners. These “green miners” will be accredited with specially marked public keys. It is anticipated […]

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ForkLog 35 04.04.2024

PayPal Expands PYUSD for International Transactions

On April 4, the payment company PayPal announced the launch of its cross-border payment and transfer service, Xoom. Eligible U.S. customers can now convert PayPal USD to USD to fund transfers on Xoom, PayPal’s cross-border money transfer service. This new option allows eligible U.S. Xoom users to send money to friends and family abroad with […]

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ForkLog 22 11.01.2024

Aave Community Backs Integration of PayPal’s PYUSD Stablecoin

99.99% of voters supported the integration of PayPal’s PYUSD into the DeFi platform Aave’s pools, achieving the necessary quorum. The initiative was overwhelmingly backed. Source: Aave. The vote commenced on December 18 and will conclude on January 11 at 8:21 UTC. The initiative followed a December decision by the decentralized exchange Curve to list PYUSD. […]

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ForkLog 14 02.11.2023

SEC opens investigation into PayPal’s stablecoin

PayPal said it had received a subpoena from the U.S. Securities and Exchange Commission (SEC) related to the PYUSD stablecoin.

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ForkLog 15 29.09.2023

PayPal files patent application for NFT marketplace

The payments giant PayPal sent for registration four patent applications for NFT-related solutions, L2 and the metaverses.

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ForkLog 21 21.09.2023

Venmo adds support for PayPal’s stablecoin

The PayPal-owned mobile payments service Venmo has added support for its US-dollar pegged stablecoin PYUSD.

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ForkLog 90 19.09.2023

What is PayPal’s PYUSD stablecoin?

An explainer on PayPal’s PYUSD stablecoin.

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ForkLog 24 18.09.2023

Tether cofounder assesses PayPal’s stablecoin prospects

The stablecoin PYUSD from PayPal is unlikely to bring much innovation, but could potentially provide the company with additional profit. This was stated in an interview with CoinDesk by Tether co-founder William Quigley.

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ForkLog 25 13.09.2023

Paxos confirms 100% backing of PayPal’s PYUSD stablecoin

As of August 31, the total value of assets on PayPal's account equals or exceeds the PYUSD token balance, according to a Paxos report.

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