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PayPal
Consensus Toronto 2025 Coverage
PayPal Crypto Head Says Banks Are Needed to Unlock Full Stablecoin Potential
At Consensus 2025, leaders from PayPal and MoneyGram pointed to regulation, real-world utility and trust as keys to stablecoin growth.

SEC Ditches PayPal's PYUSD Probe, Removing Key Regulatory Hurdle for Its Stablecoin
The SEC subpoenaed PayPal in late 2023 over its dollar-backed stablecoin.

Coinbase Introduces Free Conversion for PayPal's PYUSD as Stablecoin Competition Intensifies
The partnership is another sign of stablecoin issuers jockeying for market share as regulation in the U.S. is advancing.

PayPal to Pay 3.7% Annual Yield on Stablecoin PYUSD to Encourage Broader Use
The move is meant to increase adoption of PYUSD amid growing competition in the stablecoin market

PayPal Pushes Further Into Crypto by Adding Chainlink and Solana as New Offerings
The move expands PayPal and Venmo users’ access to major cryptocurrencies amid growing regulatory clarity in the U.S.

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.
