Paypal

PayPal files to form Utah industrial bank for crypto, loans

Paypal has applied for approval to establish a Utah-chartered industrial bank.This would enable the company to originate loans, hold deposits, and access payment networks...

PayPal Applies to Launch Its First U.S. Bank for Small Business

Paypal Holdings has applied to open its first physical U.S. bank, chartered in Utah as an industrial loan company.The proposed bank would focus on...

PayPal’s PYUSD Stablecoin Soars 224% Amid DeFi Boom

Paypal’s stablecoin PYUSD circulation has increased by 224% in three months.Decentralized finance (DeFi) protocols and user incentives are major growth drivers for PYUSD.Ethena, a...

Paxos Accidentally Mints $300 Trillion of PayPal’s Stablecoin PYUSD

Paxos mistakenly created $300 trillion worth of Paypal's stablecoin, PYUSD. The incident was an internal technical error and did not threaten customer funds. All mistakenly minted...

PayPal, Google Shares Rise on New AI-Powered Commerce Partnership

Paypal and Alphabet announced a new multi-year partnership to enhance digital commerce with Artificial Intelligence.PayPal will implement Google's Ai technology to develop new shopping...

PayPal to Link Global Wallets, UPI, WeChat Pay This Fall

Paypal plans to launch a new platform called PayPal World in the fall, connecting domestic payment wallets to its global merchant network. The service will...

Trump Signs GENIUS Act, Ripple’s RLUSD Eyes USDC and PayPal USD

The GENIUS Act, signed into law by President Donald Trump, creates clearer regulations for U.S. stablecoin issuers. Ripple is now positioned to compete in the...

Fiserv to Launch FIUSD Stablecoin, Partners With PayPal, Paxos

Fiserv will introduce a digital asset platform and stablecoin FIUSD later this year. The technology will run on the Solana Blockchain, with support from Paxos...

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Crypto VC Inflows Hit $1.4B Through Early 2026

Institutional and venture capital commitments to crypto companies reached $1.4 billion at the start of 2026.Major activities include Rain's...

Brazil Sells $61B in US Treasuries, Buys Gold in 2026

Brazil sold $61 billion in U.S. Treasury securities in 2026, using the proceeds to purchase Gold.BRICS nations are leading...

U.S. Sanctions Crypto Exchanges Aiding Iran’s Regime

The U.S. Treasury Department has, for the first time, sanctioned entire cryptocurrency exchanges under Iran-specific financial sanctions.The sanctioned platforms,...

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