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Stablecoin Companies Harness Loopholes in the GENIUS Act to Offer ‘Rewards’

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Companies like Coinbase and Paypal are taking advantage of the loopholes present in the stablecoin-focused GENIUS Act to offer “rewards” to depositors, even though it explicitly forbids issuers from distributing any form of interest or yield to holders. GENIUS Act Circumvented? Paypal, Coinbase Offering ‘Rewards’ to Stablecoin Holders Crypto companies are finding ways to circumvent […]

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Visa Supports More Stablecoins in Push for Scalable Global Blockchain Payments

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Visa supercharges the future of finance by expanding stablecoin settlements with new digital assets and blockchains, unlocking a new era of global crypto payments. Visa Broadens Stablecoin Network With Euro Integration and New Blockchain Access Payments giant Visa announced on July 31 that it is extending its stablecoin settlement infrastructure by integrating more digital currencies

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Paypal Launches Pay With Crypto to Bring 100+ Coins and Wallets Mainstream

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Paypal ignites U.S. merchant adoption with instant crypto payments, cutting transaction fees by up to 90% and unlocking access to 650 million users in the $3 trillion crypto market. Paypal Lights up US Merchants With Instant Crypto Payments and 650M Reach Payments giant Paypal announced on July 28 that it is launching Pay with Crypto,

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PayPal’s “Pay with Crypto” opens new doors for 650 million users

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PayPal has launched a new initiative, “Pay with Crypto,” aimed at streamlining global commerce and significantly reducing the cost of cross-border transactions, according to a July 28 statement. According to the company, the service offers merchants a 90% reduction in international transaction fees compared to traditional credit card processors. Pay with crypto This is made

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PayPal ‘Pay with Crypto’ Drives Mainstream Adoption with 90% Fee Reduction

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Key Notes The new service offers merchants a competitive 0.99% transaction rate compared to traditional 1.10%-3.15% credit card fees. Near-instant cryptocurrency settlements eliminate the typical 1-3 day waiting period associated with conventional payment processing. PayPal supports major wallets like Coinbase, MetaMask, and Binance while providing up to 90% savings on transaction costs. PayPal began rolling

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PayPal launches “Pay with Crypto” to help US merchants accept digital asset payments

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Businesses can now accept over 100 cryptocurrencies with near-instant conversions. Pay with Crypto reduces transaction costs by up to 90%. US merchants are now connected to a $4T market and over 650M crypto users Indeed, the latest stablecoin regulation in the United States was a game-changer. Besides bolstering bullish momentum, the GENIUS Act has seen

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PayPal’s PYUSD Stablecoin Launches on Arbitrum Network with 0K Weekly Limits

PayPal’s PYUSD Stablecoin Launches on Arbitrum Network with $100K Weekly Limits

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Key Notes PYUSD becomes available on Arbitrum with $100,000 weekly purchase limits and $25,000 weekly send restrictions. Arbitrum’s token price surged over 10% following the integration announcement across social media platforms. The L2 expansion supports PayPal’s 2025 strategy to integrate PYUSD with 20 million small businesses globally. A July 15 update to PayPal’s cryptocurrency terms

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Stellar ($XLM) Rockets 72% on PayPal Stablecoin Move – But Can Bulls Crack the alt=

Stellar ($XLM) Rockets 72% on PayPal Stablecoin Move – But Can Bulls Crack the $0.48 Wall?

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Stellar ($XLM) experienced a sharp price increase, jumping 72% in three weeks as PayPal’s stablecoin deal and record on-chain activity drove demand to new heights. The blockchain now hosts over $528 million in real-world assets, marking its biggest month ever. PayPal’s move to build on Stellar’s fast, low-cost network might have ignited the rally, while

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SEC Ends PayPal Stablecoin Probe With No Enforcement Action

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Securities and Exchange Commission (SEC) has concluded its 16-month-long investigation into PayPal’s USD stablecoin (PYUSD) as related regulation gains momentum in Congress and the financial watchdog loosens its grip on the crypto industry. SEC Drops PayPal’s Stablecoin Investigation PayPal has revealed

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SEC Walks Away From Investigation Into PayPal’s Dollar-Pegged Stablecoin

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The US Securities and Exchange Commission has dropped its investigation into the PayPal dollar-backed stablecoin, PYUSD, without taking enforcement action. PayPal disclosed the decision in a Tuesday filing, marking another high-profile crypto probe closed under President Donald Trump’s administration. It said that the SEC’s Division of Enforcement had issued a subpoena in Nov. 2023, requesting

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