Coinbase is waiving transaction fees on PayPal’s stablecoin, PYUSD, and enabling direct redemption into U.S. dollars.

Coinbase and PayPal have widened their partnership, dropping PYUSD conversion fees and adding fee-free trading to expand stablecoin payment.

The USDC issuer is trying to connect financial institutions across borders for instant settlement, an industry goal that has proven elusive.

Coinbase has dropped all fees for trading or transferring PayPal’s PYUSD stablecoin. Users can now swap PYUSD for U.S. dollars instantly, and PayPal‑connected merchants can settle sales in the coin.

The move comes two days after Circle, a stablecoin partner of Coinbase, debuted a payment network challenging PayPal’s ...

Coinbase, the largest publicly traded cryptocurrency exchange, is waiving fees on transactions connected to PayPal's ...

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Introduced by Circle, a global financial technology company and stablecoin market leader, the Circle Payments Network enables financial institutions and businesses to settle cross-border transactions ...

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Whether the U.S. dollar will remain the world's reserve currency in the wake of President Donald Trump's trade war was a ...

Regulatory willingness to work with crypto seems to have inspired Coinbase, and reportedly others, to engrain themselves ...

Coinbase is asking lawmakers to pause on a stablecoin bill that could see a vote in weeks, causing tensions within the crypto ...