Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to create a national trust bank ...

Beyond merchant services, PayPal has other avenues where it can pursue growth. For example, Venmo, its peer-to-peer payment service, grew by 20% in Q2, its highest growth rate since 2023. Meanwhile, ...

The stablecoin issuer seeks to convert its New York Department of Financial Services license to federal oversight ...

Paxos seeks national bank charter to expand operations nationwide as regulatory clarity emerges with the GENIUS Act, ...

Paxos seeks a U.S. bank license, joining Ripple and Circle in aiming for federal oversight to boost trust and crypto ...

Paxos has applied to convert its New York Department of Financial Services bank charter into a national trust charter under ...

PayPal has taken a key step in the mass adoption of cryptocurrencies with the launch of Pay with Crypto, a new feature that ...

Visa expanded stablecoin settlement with PYUSD, USDG, and EURC across four blockchains, boosting on-chain payment adoption.

PayPal USD (PYUSD) is issued by Paxos Trust Company and is backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal says the stablecoin is rolling out to U.S ...

PayPal will allow US merchants to accept payments in over 100 cryptos, bridging 650 million customers to the $3.9 trillion ...

Visa expands its stablecoin settlement platform with PYUSD, USDG, and EURC, supporting more blockchains for faster ...

PayPal rolls out crypto payments for U.S. merchants, supporting over 100 tokens with lower fees than credit cards.