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PayPal

Israel announces first batch of digital shekel challenge participants
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2 August, 2024

Israel announces first batch of digital shekel challenge participants

Israel’s central bank announced the digital shekel challenge in May, and it has now picked COTI, Fireblocks, PayPal and 11...
PayPal Digital secures NYDFS trust charter
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4 June, 2024

PayPal Digital secures NYDFS trust charter

As a cautious approach, U.S. authorities mandate PayPal to prove USD deposits or similar cash equivalents back its PYUSD despite...
PayPal removes user protection for NFT transactions
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17 April, 2024

PayPal removes user protection for NFT transactions

PayPal has withdrawn its protection for NFTs exceeding $10,000; those under $10,000 will be covered unless the buyer claims it’s...
Stablecoins gaining traction in cross-border payments: Report
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16 April, 2024

Stablecoins gaining traction in cross-border payments: Report

The Bernstein report notes that payment giants like Visa and PayPal and regional fintech firms are increasingly using stablecoins to...
PayPal users can now use PYUSD stablecoin to fund cross-border transfers
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10 April, 2024

PayPal users can now use PYUSD stablecoin to fund cross-border transfers

With circulation down by 40%, PayPal is exploring new use cases for its PYSUD stablecoin, and international remittances have emerged...