PayPal will begin offering a 3.7% annual yield on its stablecoin, PayPal USD (PYUSD), for U.S. users starting this summer.

Ondo Finance has launched 24/7 instant conversions between its tokenized Treasury product, OUSG (Ondo Short-Term US ...

PayPal USD (PYUSD), without taking enforcement action, ending a regulatory chapter that began more than a year ago, the company said. "In November 2023, we received a subpoena from the U.S. SEC ...

Ondo now lets users convert PYUSD to OUSG 24/7 with zero fees, offering seamless access to tokenized Treasuries anytime.

The program is expected to launch this summer, and the rewards will also be paid out in PayPal USD (PYUSD). Users will be able to exchange PYUSD for fiat currency, spend it or send it to other users.

Jose Fernandez da Ponte, SVP and general manager of blockchain, crypto and digital assets at PayPal, joins CNBC Cryoto ...

PayPal's senior vice president of blockchain, crypto and digital currencies. The two companies also plan on partnering for future efforts to increase the adoption of stablecoins for payments and ...

Ondo Finance has launched 24/7 instant conversions between its tokenized Treasury product, OUSG (Ondo Short-Term US Government Treasuries), and PayPal USD (PYUSD), the stablecoin issued by Paxos ...

Jose Fernandez da Ponte, during a panel at Consensus 2025 in Toronto, stated that the key pillars sustaining stablecoins are ...

Stablecoins are a significant force in the crypto world. According to CEX.IO, stablecoin transfer volume reached $27.6 trillion in 2024 -- more than the combined volume of Visa and Mastercard.

PayPal has said the SEC has dropped its investigation of PYUSD. The decision offers another insight into the current SEC’s stance on stablecoins. PayPal is looking to make strides in the ...