PayPal, the world-renowned digital payments giant, has recently applied for a patent that hints at its intention to step into the rapidly burgeoning market of Non-Fungible Tokens (NFTs). With the increasing allure of NFTs in the digital realm, PayPal’s move demonstrates the shifting landscape of asset trading, and how traditional platforms are making strides to accommodate this … [Read more...] about PayPal ventures into NFT trading with new patent
MetaMask bridges the crypto-fiat gap with new cash-out feature
In a defining move, MetaMask, the renowned Ethereum-based crypto wallet, has rolled out a feature allowing users to seamlessly convert their cryptocurrency into fiat currency and transfer it directly to their bank accounts or PayPal. This move comes as the digital currency realm witnesses a massive surge in mainstream adoption. … [Read more...] about MetaMask bridges the crypto-fiat gap with new cash-out feature
PayPal introduces PYUSD, its own US dollar-backed stablecoin
In a bold move into the burgeoning world of digital assets, global payment giant PayPal has announced the launch of PYUSD, its own U.S. dollar-backed stablecoin, according to an official press release. The PYUSD stablecoin is positioned as an essential building block in PayPal’s broader strategic push into the cryptocurrency sector. … [Read more...] about PayPal introduces PYUSD, its own US dollar-backed stablecoin
PayPal’s crypto assets increased in Q1 2023 up to nearly $1 billion
Financial technology company PayPal recently revealed its cryptocurrency holdings in a quarterly report. … [Read more...] about PayPal’s crypto assets increased in Q1 2023 up to nearly $1 billion
PayPal now allows cryptocurrency transfers to external wallets
In response to customer demand, PayPal has enabled users to transfer, send and receive bitcoin from the platform to external wallets and exchanges. … [Read more...] about PayPal now allows cryptocurrency transfers to external wallets
Bitcoin network surpasses PayPal in volume processed
According to Blockdata, the world’s oldest decentralized cryptocurrency network, Bitcoin, has surpassed PayPal in terms of volume processed. … [Read more...] about Bitcoin network surpasses PayPal in volume processed
PayPal expands cryptocurrency services to the UK
PayPal – one of the worlds’ largest payment processors – will now allow British customers to buy, hold and sell cryptocurrencies … [Read more...] about PayPal expands cryptocurrency services to the UK
PayPal to launch its own crypto wallet
The payment service company is working on a financial super-app for US residents that will support tools intended for high-yield savings accounts, investment services and other products … [Read more...] about PayPal to launch its own crypto wallet