In June, PayPal announced plans to expand its stablecoin, PYUSD, to the Stellar blockchain, pending approval from the New York State Department of Financial Services. Stellar is recognized for ...

In a previous deal, PayPal's Braintree partnered with Facebook and Uber in December 2015, allowing users to pay for Uber trips via Messenger. The market reacted with negativity to the announcement.

Robin Washington, Salesforce’s finance chief, believes she’s part of the “last set of managers to just manage humans.” ...

This expansion reinforces its strategy to become a go-to gateway for tokenized finance. Central to PayPal’s crypto ambition is PayPal USD (“PYUSD”), launched in August 2023.