PayPal Introduces Stablecoin for Enhanced Merchant Payments and Mass Payout Solutions
PayPal recently held its first investor day under new CEO Alex Chriss, highlighting plans to enhance its cryptocurrency offerings, specifically its stablecoin, PYUSD. Currently valued at over $700 million, PayPal aims to expand its stablecoin use for business-to-business transactions, encouraging its 20 million merchants to accept payments and use its Bill Pay service. This could ...
