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PayPal
PayPal's Stablecoin Splash; Sam Bankman-Fried Still on the Hook for Campaign Finance-Related Charge
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, including what stablecoin players think of fintech giant PayPal launching its own PYUSD token. Bitcoin bulls Cathie Wood and Mike Novogratz, both vocalized their optimism over a spot Bitcoin ETF approval in the U.S.. And, the Department of Justice still plans to argue that FTX founder Sam Bankman-Fried conducted an "illegal campaign finance" scheme when he goes to trial in October.
PayPal’s New Stablecoin and the ‘2 Wolves’ Inside Crypto
The payments giant has been transparent in its need to freeze and seize crypto accounts that violate its terms of service. But is that really crypto?
Will PayPal’s Stablecoin Shake Up Crypto Legislation Talks in Washington?
For some U.S. financial regulators, the ghost of Libra — the then-Facebook effort to establish a mass-appeal stablecoin — will forever haunt the debate over regulating stablecoins. "The Hash" panel discusses the parallels between Libra and fintech giant PayPal's newly launched PayPal USD (PYUSD). Plus, a closer look at how lawmakers are reacting to PayPal's dollar-pegged stablecoin debut.
Scammers Attempt to Capitalize on PayPal's New Stablecoin
Over 66 fake PayPal USD (PYUSD) tokens have popped up on various networks, as scammers attempt to defraud unsuspecting users, capitalizing on PayPal’s (PYPL) recent launch of its own dollar-pegged stablecoin. "The Hash" weighs in on the latest developments.
DeFi Outlook Is 'Mixed' in Wake of Curve Finance Exploit: Arca Head of Research
Arca head of research Katie Talati discusses her crypto markets analysis as bitcoin (BTC) continues to trade sideways and appears to brush off PayPal's dollar-backed stablecoin launch. Plus, what to make of the recent Curve Finance exploit and the outlook for DeFi.
Why PayPal's Stablecoin Scares Washington and Could Shake Legislative Talks
For some U.S. financial regulators, the ghost of Libra — the then-Facebook effort to establish a mass-appeal stablecoin — will forever haunt the debate over regulating stablecoins.
Paxos Has Other 'White Label' Stablecoin Opportunities in the Works in Addition to PayPal USD
Paxos is the issuer of PYUSD, the dollar-backed stablecoin launched by the payments giant on Monday.
Paxos Has Other 'White Label Stablecoin Opportunities' in the Works, Head of Strategy Says
PayPal USD is the first regulated stablecoin from a global payments company. The Ethereum-based token will be available to PayPal users in the U.S. and is being issued by Paxos Trust Company. Paxos head of strategy Walter Hessert discusses teaming up with PayPal and notes the firm has "other white label stablecoin opportunities in the works."
PayPal's Stablecoin Launch Is a 'Seminal Moment' for the Industry: Paxos Head of Strategy
Global payments giant PayPal is launching its own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD). The Ethereum-based token will be available to PayPal users in the U.S. and is being issued by Paxos Trust Company. Paxos Head of Strategy Walter Hessert discusses the partnership, the use cases of stablecoins, and the state of U.S. regulatory oversight for the crypto sector.
First Mover Americas: Market Doesn't React Much to PayPal Stablecoin
The latest price moves in crypto markets in context for August 8, 2023.
