PayPal

Ethereum Name Service (ENS) has integrated with PayPal and Venmo, enabling users to transfer cryptocurrency using ENS names and simplifying the transaction process for over 270 million U.S. users. ENS For Venmo, PayPal Users Venmo and PayPal users will now be able to transfer cryptocurrency using Ethereum Name Service (ENS) names. On September 10, ENS Labs, the team behind the Ethereum-based domain protocol, announced a significant integration with PayPal and Venmo. This partnership will enable over 270 million U.S.-based users…

The post Paypal PYUSD’s Records Massive Growth, Becomes The Sixth Largest Stablecoin! appeared first on Coinpedia Fintech News Paypal USD (PYUSD) has grown heavily over the last few days, becoming the sixth-largest stablecoin. It entered the market in August 2023 and immediately grabbed everyone’s attention. It has been part of the top 10 stablecoin category, bringing 500,000 transactions to the network. Moreover, in a new milestone, its supply grew by $140.9M in 10 Days, making it the sixth-largest dollar-pegged token.…

The post PayPal USD Market Cap Advances 150% After Solana Expansion appeared first on Coinpedia Fintech News The PayPal USD market cap has risen by 150% since its expansion to Solana on May 29, with the stablecoin’s total value now sitting at $684 million, based on DefiLlama data. The usage of PYUSD is practically evenly distributed between Solana and Ethereum, as both blockchains show 48.32% and 51.68% dominance, respectively. However, despite its growth, PYUSD is still far away from Tether…

The post PayPal PYUSD Stablecoin Supply Shot Up By 90% After Expanding To Solana Blockchain appeared first on Coinpedia Fintech News The PayPal PYUSD stablecoin supply in the market has shot up by 90% ever since it expanded to the Solana blockchain in May. Its market cap has surpassed $500 million as of July 8. Notably, 77% of its total supply i.e. $399 million is currently on Ethereum. The rest 23% i.e. $118 million is on the Solana blockchain network.…

The post PayPal Adds Stablecoin PYUSD To Solana Blockchain appeared first on Coinpedia Fintech News PayPal Holdings Inc. is adding its PayPal USD token to the Solana Blockchain. PayPal had previously launched its stablecoin PYUSD on the Ethereum network. After a year, it will now launch on the Solana network as well. Solana’s speed and low transaction fees attracted PayPal to the blockchain. PYUSD currently has a market value of around 400 million dollars and a 24-hour trading volume of…

PayPal’s integration with MoonPay facilitates direct purchases of cryptocurrencies like Shiba Inu in the U.S. This partnership enhances user convenience by allowing transactions directly through PayPal, expanding access to over 110 different tokens. Following the May 5, 2024, update from CNF, PayPal has strategically partnered with MoonPay, significantly enhancing its cryptocurrency offerings. This collaboration allows U.S. users to seamlessly purchase Shiba Inu (SHIB) and other prominent cryptocurrencies directly through PayPal, marking a significant milestone in digital currency accessibility. Seamless Integration…

PayPal and MoonPay join forces, making it easier for US users to buy SHIB and other cryptocurrencies directly. SHIB’s price surged 2% in 24 hours, driven by an increased burn rate and growing interest, showcasing resilience amidst market fluctuations. Cryptocurrency enthusiasts in the United States have reason to rejoice as Shiba Inu (SHIB) tokens are now accessible for purchase through PayPal, thanks to a recent partnership with MoonPay, a leading crypto payment processor. This collaboration aims to simplify the transition…

Following a recent partnership with MoonPay, PayPal users in the United States can now seamlessly purchase Shiba Inu (SHIB) tokens internally. This integration allows users to fund their crypto purchases using PayPal balance, debit cards, or direct bank transfers, without the need for manual input. After the recent collaboration with prominent crypto payment processor MoonPay, PayPal users within the United States can now internally purchase Shiba Inu (SHIB) tokens. MoonPay disclosed the significant partnership with PayPal on Thursday, May 2,…

The post Are Blackrock and Paypal Buying These Altcoins? appeared first on Coinpedia Fintech News Crypto analyst Chico Crypto chimed into the missed and one of the most significant partnerships. He highlighted PayPals innovative effort to promote green Bitcoin mining, aiming to encourage environmentally friendly practices in the crypto-mining industry.  Decoding Green Bitcoin Mining Partnership This collaboration involves PayPal’s Blockchain Research Group, Energy Web, and DMG Blockchain Solutions Inc. Together, they aim to reward miners who use low-emission energy sources.…