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Search results for PYUSD

Crypto

Who drives the stablecoin market: Issuance by Circle, distribution by Coinbase

Institutional finance payment infrastructure is shifting from correspondent banking-led structures to stablecoin networks, with key functions concentrated among a handful of firms. Stablecoin market capitalisation rose to $317.89 billion in April 2026 from about $125 billion in early 2024, while 2025 transfer volume reached $33 trillion. USDC led institutional payments. Issuance centres on Circle and Paxos, distribution on Coinbase and Wintermute, and custody on Fireblocks and exchange cold wallets.

Crypto

PayPal expands PYUSD stablecoin service to 70 countries

PayPal is expanding the countries where customers can hold its stablecoin, PYUSD, in their PayPal wallets. From March, customers in 68 additional countries will be able to hold PYUSD, following the United States and Britain, Fortune reported on Tuesday. The newly covered markets include countries in South America, Africa and Asia such as Uganda, Colombia and Peru. Overseas users can also earn rewards; U.S. users receive 4 percent annually.

Crypto

PayPal USD partners with TCS Blockchain to target finance in North American logistics

TCS Blockchain has adopted PayPal USD (PYUSD) to improve the flow of funds in North America’s logistics industry, The Block reported on March 3. Under the partnership, carriers can secure financing on the same day after issuing invoices and expect cost savings of 90 percent versus existing billing methods. TCS said carriers can exchange invoice rights for its utility token and convert it into PYUSD on the INX-Republic exchange.