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PayPal

Reps. Patrick McHenry (left) and Maxine Waters (Alex Wong/Getty Images)
Consensus Magazine
Opinion
PayPal’s Stablecoin Is No Libra. Why the Timing Feels Right
Like Facebook's ill-fated Libra project, PYUSD is getting some pushback in Washington. But its prospects seem more promising, says Michael J. Casey.
Reps. Patrick McHenry (left) and Maxine Waters (Alex Wong/Getty Images)
By Michael J. Casey
Aug 11, 2023 at 4:16 p.m. UTC
Aug 11, 2023
OpinionMoney ReimaginedNewsletterPayPalCongress
PayPal Launches Stablecoin; SFC Issues Warning as Crypto Comes to Rescue in War
Forkast IQ
Paypal
PayPal Launches Stablecoin; SFC Issues Warning as Crypto Comes to Rescue in War
Host Angie Lau breaks down the state of the stablecoin market as global payments giant PayPal launches its own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD). Plus, insight...
PayPal Launches Stablecoin; SFC Issues Warning as Crypto Comes to Rescue in War
By CoinDesk Staff
Aug 11, 2023 at 2:35 p.m. UTC
Aug 11, 2023
PayPalStablecoinSFCForkast iq
Bank of America doesn't believe PayPal's new stablecoin will gain widespread adoption in the near future. (Shutterstock)
Finance
Paypal
PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America
Longer term, the bank sees much more competition for the token.
Bank of America doesn't believe PayPal's new stablecoin will gain widespread adoption in the near future. (Shutterstock)
By Will Canny
Aug 11, 2023 at 11:02 a.m. UTC
Aug 11, 2023
PayPalBank of AmericaStablecoin
Rep. Maxine Waters Is 'Deeply Concerned' About PayPal’s New Stablecoin
Video
Paypal
Rep. Maxine Waters Is 'Deeply Concerned' About PayPal’s New Stablecoin
Rep. Maxine Waters (D-Calif.) said in a statement that she's "deeply concerned" about PayPal's launch of its own stablecoin while there is still no Federal framework for regul...
Rep. Maxine Waters Is 'Deeply Concerned' About PayPal’s New Stablecoin
By CoinDesk Staff
Aug 10, 2023 at 2:19 p.m. UTC
Aug 10, 2023
PayPalcdtvStablecoinFM ClipMaxine WatersPyusd
Coinbase CEO Brian Armstrong, now on cusp of realizing his "secret master plan" from 2016. (Coinbase)
Technology
The protocol
The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software
We're covering Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter...
Coinbase CEO Brian Armstrong, now on cusp of realizing his "secret master plan" from 2016. (Coinbase)
By Bradley Keoun
Aug 9, 2023 at 10:00 p.m. UTC
Aug 9, 2023
The ProtocolEthereumPayPalCoinbaseLayer 2sCurveDeFiBitcoin
Coinbase’s New 'Base' Blockchain Goes Live; Rep. Maxine Waters Is 'Concerned' About PayPal's Stablecoin
Video
Paypal
Coinbase’s New 'Base' Blockchain Goes Live; Rep. Maxine Waters Is 'Concerned' About PayPal's Stablecoin
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Base, Coinbase’s layer 2 blockchain, officially opens to the public. Rep. Maxine Waters...
Coinbase’s New 'Base' Blockchain Goes Live; Rep. Maxine Waters Is 'Concerned' About PayPal's Stablecoin
By CoinDesk Staff
Aug 9, 2023 at 7:24 p.m. UTC
Aug 9, 2023
PayPalCoinbasecdtvlayer 2Shark TankMaxine Watersstablecoin billBaseCd daily
Rep. Maxine Waters (D-Calif.) (Sarah Morris/Getty Images)
Policy
Paypal
Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin
The top Democrat on the House Financial Service Committee said federal rules should be in place before a company the size of PayPal issues a stablecoin.
Rep. Maxine Waters (D-Calif.) (Sarah Morris/Getty Images)
By Nelson Wang
Aug 9, 2023 at 4:52 p.m. UTC
Aug 9, 2023
PayPalMaxine WatersStablecoinstop news
PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)
Consensus Magazine
Opinion
PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits
While it seems positive for crypto, the PYUSD stablecoin will benefit PayPal's own coffers most of all.
PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)
By David Z. Morris
Aug 9, 2023 at 4:33 p.m. UTC
Aug 9, 2023
OpinionPayPalInterest RatesStablecoinPyusdThe NodeNewsletters
PayPal's Stablecoin Could Propel Creation of a 'Federal Regulatory Framework': Former CFTC Chair Massad
Video
Paypal
PayPal's Stablecoin Could Propel Creation of a 'Federal Regulatory Framework': Former CFTC Chair Massad
PayPal is issuing a U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), but what does this mean for crypto regulation in Washington, D.C.? Timothy Massad, former CFTC chairman,...
PayPal's Stablecoin Could Propel Creation of a 'Federal Regulatory Framework': Former CFTC Chair Massad
By CoinDesk Staff
Aug 9, 2023 at 2:56 p.m. UTC
Aug 9, 2023
PayPalCFTCcdtvStablecoinFM Clipcrypto regulationTimothy MassadStateCrypto_SponsorHarvard
bitcoin 8/8
Markets
Bitcoin
Crypto News Today: Bitcoin's Rally Toward $30K, PayPal's Stablecoin Fakes, and More
As Bitcoin retakes $30K and major players like PayPal delve into the crypto realm, the intersection of traditional finance and crypto becomes more pronounced.
bitcoin 8/8
By Joe Lautzenhiser
Aug 8, 2023 at 9:28 p.m. UTC
Aug 8, 2023
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