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

Coinbase and PayPal deepen their partnership to scale stablecoin payments, waive PYUSD fees, and explore DeFi uses.

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 partnership is another sign of stablecoin issuers jockeying for market share as regulation in the U.S. is advancing.

Ethena Labs founder Guy Young has stated that its synthetic dollar, USDe, benefits leading stablecoin issuer Tether. In a ...

Leading South Korean crypto exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) following an alert by the ...

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

PayPal offers 3.7% PYUSD rewards to drive U.S. stablecoin adoption, aiming for real-world payments over crypto speculation.

PayPal is bidding to encourage uptake of its stablecoin by offering US users an annual rewards rate of 3.7% on their holdings ...

The IPO is also a milestone in the company’s recovery from the collapse of Silicon Valley Bank in 2023, where Circle had ...

With Q3 fast approaching, investors are beginning to reposition. The second quarter brought stabilization across top cryptocurrencies, but not the explosive gains many were hoping for. Now, the ...

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