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PayPal
Crypto Payments Firm Mesh Raises $82M as Stablecoin Adoption Soars
The fundraising was completed using PayPal's PYUSD stablecoin and was led by Paradigm
PayPal-Backed Raise Secures $63M to Expand Blockchain-Based Gift Card System
The company aims to bring digital gift cards on-chain, turning them into a “programmable retail currency.”
Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal
Detroit also asked crypto entrepreneurs to pitch their ideas for blockchain-based “civic applications” to the city’s Director of Entrepreneurship and Economic Opportunity, Justin Onwenu.
Will Mayor Adams Join Sam Bankman-Fried and Diddy in Prison?; Crypto Hacks in Q3
"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as the indictment of New York Major Eric Adams stirs up speculations of whether he could join Sam Bankman-Fried and Sean "Diddy" Combs in the Brooklyn detention center. Plus, Immunefi releases a report on crypto hacks in the third quarter and PayPal will let business clients buy, hold and sell crypto.
PayPal Enables U.S. Business Accounts to Buy, Hold and Sell Crypto
The service won't be available to New York state businesses in the beginning.
Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved
The world's leading stablecoin issuer brought on Jesse Spiro, who has previously handled government interactions for Chainalysis and PayPal.
PayPal, Venmo to Accept ENS's Human-Readable Blockchain Names
The news could signal a renewed interest from traditional payment platforms in cryptocurrencies and blockchain technologies.
SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will proceed to trial. Plus, Celsius' bankruptcy administrator paid out over $2.5 billion to creditors, and PayPal's stablecoin, PYUSD surpassed $1 billion in market cap.
PayPal's Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
The payments company's stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain and DeFi reward programs reignited the token's growth.
Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race
Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD.
