PayPal used its PYUSD stablecoin to settle over $1 billion in intercompany transfers in just two hours, cutting settlement times from days to hours across three continents.
PayPal has frozen new crypto purchases in Luxembourg until late 2026 to comply with the OECD's new CARF tax reporting standards.
PayPal has scaled its PYUSD stablecoin operations to 70 new markets, with the asset's circulating supply reaching over $4 billion.
Meta has integrated PayPal into its Muse AI assistant, enabling users to make payments directly through the agent across the global merchant network.
PayPal is negotiating with the People’s Bank of China to expand its presence in the country's payments market beyond its current cross-border niche.
PayPal CEO Alex Chriss is pursuing an independent turnaround strategy after a $53 billion acquisition bid by Stripe and Advent International failed to materialize.
PayPal has introduced PYUSDx, a platform that allows businesses to issue custom stablecoins backed by its PYUSD token, aiming to simplify the launch process for corporate partners.
PayPal has suspended the sale of its venture capital portfolio after receiving lowball offers, as the company continues its multiyear restructuring process.
