PayPal’s Stablecoin PYUSD is Available on Venmo to Select Users
PayPal-operated peer-to-peer mobile payments platform Venmo has started offering PayPal USD stablecoin (PYUSD) to selected users, starting September 20. “We are pleased today to announce that PayPal USD is now available...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
“We are pleased today to announce that PayPal USD is now available on Venmo to select users and will be rolling out fully in the coming weeks.”
The launch enables Venmo users to purchase the stablecoin and send it via PayPal, Venmo and other compatible external wallets, a company press release read....
Read More: PayPal’s Stablecoin PYUSD is Available on Venmo to Select Users
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Coinbase Unveils AiFi After $100M in x402 Transactions, Targeting AI Agent Payments
Key Takeaways: Coinbase has announced the launch of its financial infrastructure initiative, AiFi, centered on the new AI agent ec...
Bitcoin purchases halted after data breach puts 250,000 crypto users at risk
Israel’s largest regulated cryptocurrency broker, Bits of Gold, is investigating a data breach that potentially exposed the person...
Deel Takes Its DLUSD Stablecoin Wallet to More Than 80 Countries
Deel said on Aug. 17 that its DLUSD stablecoin wallet is live in more than 80 countries, 11 weeks after a launch limited to Argent...
Bits of Gold Breach May Expose 200,000 Crypto Users, But Funds Remain Safe Online
Key Takeaways: A data breach at Bits of Gold could affect up to 200,000 customers. No exposure of customer funds, crypto assets, p...
Bitcoin Slips Back to $63,000 as PayPal-Stripe Buyout Talks Steal the Late Spotlight
Bitcoin slipped to $63,000 as WSJ reported PayPal in buyout talks with Stripe and Advent. What the $60.50 rejected bid means for c...
Binance Pay Expands Crypto Payments to 3,700 Bhutan Merchants
Binance Pay has connected with DK Bank’s domestic QR network, enabling cryptocurrency payments at more than 3,700 merchants across...