...anyone what’s driving bitcoin recently and they’ll likely point to a series of notable headlines: PayPal...payments giant, introduced the ability to “buy, hold and sell select cryptocurrencies” directly within the PayPal...The PayPal press release aptly described the growing interest in crypto and digital assets and their...

Paxos, the issuer of USDP, is backed by PayPal Ventures and Mithril Capital....Paxos provides various services, such as an exchange and brokerage, and has partnered with PayPal for...However, it remains unclear if PayPal Ventures and Mithril Capital would backstop Paxos unless additional...

, albeit PayPal seems to be coming from a different starting point....owns the application layer (i.e., PayPal and Venmo) and is now integrating its own stablecoin. ...However, by getting users to instead hold pyUSD through PayPal’s payment front-ends (e.g....Venmo), PayPal effectively become the bank themselves.

PayPal USD and Gnosis Pay Bridge Crypto to TradFi PayPal recently announced its first stablecoin, PayPal...PYUSD is initially only available through the PayPal app, but will eventually be able to be withdrawn...PayPal will not charge fees for buying and selling PYUSD for USD.

PayPal and Coinbase also offer native yield of 4-5% for idle cash....PayPal PayPal offers users a modern Web2 fintech payments platform with a direct deposit option....PayPal offers a virtual debit card that can spend from a PayPal account balance or pull from users’ other...PayPal is currently the most comprehensive solution available.

PayPal represents the canonical example of this approach....As the pioneer of closed-loop payments at scale, PayPal strategically reduced their dependence on card...When one PayPal user pays another PayPal user or merchant, no external networks or banks are needed –...This is something PayPal is already doing with pyUSD.

Volumes on itBit – Paxos’ digital asset exchange powering Paypal’s crypto service – have contracted since...

🚨 In Case You Missed It Paypal partners with MetaMask to integrate its buy, sell and hold crypto...

Chargeback fraud has plagued this corner of the market for years, with PayPal disputes often being resolved...

PayPal, for instance, seeded its early network by offering free person-to-person payments, later monetizing...new-age products like Ethena and Wildcat, and widespread acceptance from traditional payments firms like PayPal...This mirrors how internet companies like Google and PayPal gave away core services to capture downstream...

...large brands even took it upon themselves to purchase their own ‘.eth’ domain counterparts such as the Paypal...

Paypal launched its own stablecoin, pyUSD....It would also be remiss to ignore PayPal’s new stablecoin, pyUSD....When announced, PayPal’s CEO noted that the main goal here is to facilitate better digital payments....PayPal’s global standing as a payments giant is obviously something we cannot dismiss here.

And while not technically DeFi, we are even seeing TradFi firms like Coinbase, Citibank, PayPal and more...

With payment giants such as PayPal leading the way, as I discussed in A New Framework For Understanding...By enabling users to instead hold pyUSD through PayPal’s payment front-ends (e.g....Venmo), PayPal effectively become the bank themselves....PayPal can subsequently take user funds and deposit them into treasuries and earn this spread themselves...

...commences August 2020: Michael Saylor announces Microstrategy’s first purchase of BTC October 2020: PayPal...

...important one, has been the ability to create distribution at the same scale as FinTechs like Venmo, PayPal...The closest thing to crypto’s PayPal is Coinbase Commerce, and even that serves a small cut of online...

As a wise man once said: “we wanted flying cars — instead we got [$4.99 PayPal fees].”...

Solana for high-reliability The stablecoin opportunity is large, and the entrance of incumbents like Paypal...

The other cool thing about the Sequence wallet is it integrates like a PayPal or like a Stripe. 24:25...So, whereas PayPal, you’re using fiat, but now you can suddenly start doing, in full, all Web3 things...It’ll just work like a PayPal or a Stripe -it just happens.

It’s like provably wrong at this point anyways, like PayPal is literally incentivizing....There’s like, you deposit PayPal on Camino and you get paid PayPal, uh, stable coins. Right?