PayPal


Videos

PayPal Is Launching Its Own U.S. Dollar-Pegged Stablecoin

PayPal (PYPL) announced the global payments giant is issuing its own U.S. dollar-pegged stablecoin. The Ethereum-based token will soon be available to PayPal U.s. users and is the first time a major financial company is issuing its own stablecoin. "The Hash" panel weighs in on PayPal's latest move into the realm of crypto.

Recent Videos

Finance

PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum

The token will be available first on PayPal and then on Venmo, and can be exchanged for U.S. dollars at any time.

(CoinDesk archives)

Finance

PayPal Ventures Leads $52M Round for Crypto Firm Magic

The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel.

(Pixabay)

Videos

PayPal to Enable On-Chain Transfers From Venmo Accounts, Including to On-Chain Wallets

Jose Fernandez da Ponte, PayPal's SVP and General Manager, discusses at Consensus 2023 the platform's new functionality on Venmo and why the feature, slated for May, will give users the ability buy and send crypto to other wallet users via the Venmo app.

Recent Videos

Finance

PayPal to Enable On-Chain Transfers From Venmo Accounts, Including to On-Chain Wallets

The feature will become available in May, PayPal's Jose Fernandez da Ponte said during a panel at Consensus 2023.

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)

Finance

Galaxy Digital, PayPal Lead $20M Fundraise for Chaos Labs

The startup offers an automatic economic security system and simulation engine for decentralized finance projects.

Ori Nevo, head of customer success at Chaos Labs (Danny Nelson/CoinDesk)

Finance

PayPal Puts Stablecoin Project on Hold: Bloomberg

On Thursday it was reported that PayPal crypto partner Paxos was being probed by the NYDFS

Sede de PayPal. (Shutterstock)

Videos

PayPal Held $604M in Crypto For Its Customers as of Year-End 2022

PayPal (PYPL) held a total of $604 million of bitcoin (BTC), ether (ETH), litecoin (LTC) and bitcoin cash (BCH) for its customers as of Dec. 31, according to its annual report to the U.S. Securities and Exchange Commission (SEC). The payments company has been allowing customers to buy and sell crypto since October 2020, though it has only recently begun to disclose specific holdings of different coins in its SEC filings. "The Hash" panel discusses what this means for PayPal's crypto ambitions.

CoinDesk placeholder image

Finance

PayPal Held $604M of Customers' Crypto as of Year-End 2022

The payments company held $291 million of bitcoin and $250 million of ether, with the rest comprising litecoin and bitcoin cash.

Sede de PayPal. (Shutterstock)

Finance

PayPal Working With Crypto Wallet MetaMask to Offer Easy Way to Buy Crypto

Users will be able to buy and transfer ether from PayPal to MetaMask. 

Sede de PayPal. (Shutterstock)