Stripe's Pay with Crypto is the first to use Paxos' new stablecoin payments platform, enabling instant conversions between various stablecoins. Will this launch boost stablecoin adoption in the payments industry?

PayPal allows US business accounts to buy, sell, and store cryptocurrencies, enhancing digital asset management options. The service excludes New York due to regulatory restrictions.

TrueX, a new cryptocurrency exchange will launch, using PayPal's stablecoin as its form of settlement. The crypto platform was unveiled yesterday.

PayPal's PYUSD stablecoin expands to Solana, introducing confidential transfers. Solana's native support and token programmability enhance usability. PYUSD gains benefits including reduced development time and broader integration, now with a circulating supply of around $400 million.

Solana integrates PYUSD, PayPal's stablecoin, expanding payment options. Collaboration enhances cross-border transfers, leverages Solana's efficiency. Unified wallet experience across networks fosters seamless access.

Hashnote, a leading digital asset manager, has announced a strategic partnership with Paxos, a blockchain infrastructure provider. The collaboration is set to bring about the integration of PayPal’s PYUSD stablecoin with Hashnote’s yield-bearing USYC token, marking a pivotal advancement in the realm of digital finance. Paxos and Hashnote strengthening the ecosystem PayPal’s foray into the... source: https://www.cryptopolitan.com/paxos-hashnote-integrate-paypal-stablecoin/

According to Foresight News, digital asset management company Hashnote has announced a partnership with Paxos, allowing for instant conversion between Hashnote's US Treasury token USYC and PayPal stablecoin PYUSD. The collaboration aims to improve the settlement of USYC tokens. Hashnote stated that USYC is only available to investors outside the United States and is subject to eligibility restrictions and a minimum investment limit of $100,000. However, the company said that US investors can invest in USYC through the Hashnote Feeder Fund.

数字资产管理公司 Hashnote 宣布将与 Paxos 合作，促进“双向原子结算流程”，允许产生收益的 USYC 代币和 PayPal 的稳定币之间进行即时转换。Hashnote 首席执行官 Leo Mizuhara 表示，能够在 PYUSD 和 USYC 之间即时铸币和兑换，不仅增强了流动性，而且使所有利益相关者处于数字资产领域收益生成的最前沿。数据显示，PYUSD 的市值在今年年初超过了 3 亿美元，但在 3 月份大幅缩水。（TheBlock）

链上数据显示，PYUSD 供应量已减少至 190,082,197.76 枚，当前持有者数量约为 6,534 个，链上交易量达 56,818 笔。3 月 7 日，PYUSD 供应量为 2.64 亿枚，当前供应量已较上周减少约 7400 万枚。

스테이블코인 발행사 팍소스(Paxos)가 지난 3월 1일자 투명성 보고서를 발표, PYUSD 미상환 토큰 총액은 3.04억 달러를 기록했다고 밝혔다. 준비금 규모는 미국 국채 담보 환매조건부채권 3.1억 달러, 기타 현금 담보는 81만 달러 수준이다. 순자산 중 담보물 시장가치는 3.05억 달러다.

Paxos发布 2024 年 2 月 PYUSD 透明度报告，披露 PYUSD 截至北京时间 2024 年 3 月 1 日 06:00 相关未审计数据，包括： 1. 在外流通总额（Total Tokens Outstanding）为 304,427,933 美元； 2. 美国国债抵押逆回购协议中抵押品的当前市场价值约为 311,025,637 美元，名义头寸价值约为 304,927,000 美元； 3. 存放于受保存款机构其他现金存款中抵押品的市场价值和名义头寸价值均为 812,281 美元； 4. 总净资产中抵押品的当前市场价值约为 311,837,918 美元，名义头寸价值约为 305,739,282 美元。

According to PANews, PayPal's international remittance service, Xoom, is allowing users to transfer its stablecoin, PYUSD, without any fees. This move is part of PayPal's strategy to expand its international remittance market share and increase the use cases for PYUSD, which was launched last year. PayPal currently lags behind Wise in the international remittance market. In an interview, PayPal Senior Vice President Jose Fernandez da Ponte stated that Xoom senders would not have to pay any conventional fees, which typically average 2% across the industry. Instead, recipients will receive funds in their local currency as usual. He added that Xoom operates in 160 countries and has a network of over 350,000 cash pick-up points. Although Xoom will waive transaction fees for PYUSD transfers, users will still pay in the form of customary foreign exchange spreads. Fernandez da Ponte believes that PayPal is playing a long game in the stablecoin sector. He thinks that the business model of earning interest from reserves, which is currently profitable for Tether and Circle, will become unviable in the long run as interest rates decline. Instead, he expects PYUSD to generate returns for the company in the form of interest rates and other traditional payment industry services.

포춘에 따르면 페이팔의 SVP(Senior Vice President) 조세 페르난데즈 다 폰테(Jose Fernandez da Ponte)가 “페이팔의 해외송금 앱 줌(Xoom)에서 PYUSD 송금 수수료 무료 정책을 시행할 것"이라고 밝혔다. 그는 “현재 업계 평균 해외 송금 수수료는 2%인데 우리는 PYUSD에 대해서는 송금인과 수취인 어느 쪽에서도 수수료를 부과하지 않을 계획이다. 줌은 현재 160개국에서 서비스를 제공하고 있다. 아울러 현재는 PYUSD를 송금하더라도 수취인이 이를 법정화폐로 환전해 받지만, 나중에는 암호화폐로 받게 될 가능성이 크다고 생각한다”고 설명했다. 아울러 그는 “향후 수 개월 안에 벤더사에 지불하는 비용도 법정화폐에서 PYUSD로 바꿀 계획”이라고 덧붙였다.

PayPal 海外汇款应用程序 Xoom 的用户如果使用该公司的稳定币 PYUSD 进行转账，则无需支付任何费用。据悉，PayPal 此举是其扩大其国际汇款市场份额（目前落后于市场领导者 Wise）的一种方式，也是扩大其去年推出的 PYUSD 用例的一种方式。（Fortune）

이더스캔 데이터에 따르면 페이팔 PYUSD 공급량이 224,350,606.06개로 이달 들어 약 8000만개 감소했다. 보유 주소는 6,234개로 집계됐다.

Moody's Analytics akan menggunakan pembelajaran mesin dan berbagai indikator untuk mengumpulkan dan menilai stablecoin berkapitalisasi besar, yang bertujuan untuk mendeteksi potensi depegging.