Ripple CTO David Schwartz Warns Against RLUSD FOMO Amid Launch Speculation
Ripple had previously revealed that RLUSD will be issued on XRP Ledger (XRPL) and Ethereum blockchains.
PayPal News and Updates
Recent PayPal News
Donald Trump Appoints David Sacks as Cryptocurrency and AI ‘Czar’
David O. Sacks, former PayPal COO, joins Trump's team to lead US policy on AI and digital assets.
PayPal’s PYUSD Gains Ground in Stablecoin Battle: Hashdex Research
USDT and USDC strengthened market dominance in Q3 2024, but PayPal’s PYUSD emerged as a notable competitor in the stablecoin
PayPal Introduces Cryptocurrency Buying, Holding, and Selling for US Merchants
The new feature responds to increasing demand from business owners seeking the same cryptocurrency capabilities available to consumers.
Stablecoins Hit Record Market Cap of Nearly $170 Billion After Year of Growth
The stablecoin market cap has hit a historic high, with PayPal's PYUSD climbing to the fifth position.
PayPal’s PYUSD Stablecoin Deploys Solana Because of High Throughput and Low Fees
PayPal has introduced its PYUSD stablecoin on the Solana blockchain for faster, cheaper transactions.
PayPal Enables PYUSD to USD Conversions for International Money Transfers
PayPal is expanding international transfer options by enabling PYUSD to USD conversions.
PayPal to Cut 2,500 Employees to ‘Right-Size’ the Company
Newly appointed CEO announces workforce reduction to "right-size" the organization. Affected staff to be informed by week's end.
Apple Sued for Limiting P2P Payments Via Crypto And Other Methods
The class-action lawsuit claims Apple’s restriction of crypto payments may violate anti-trust laws.
SEC Issues Subpoena to PayPal Over its PYUSD Stablecoin
PayPal launched PYUSD stablecoin, pioneering digital currency adoption for payments and transfers.
