PayPal Holdings Inc. Chief Executive Officer Alex Chriss said adoption of stablecoins in the US still faces significant hurdles and will take time to achieve.

I n early August, PayPal launched a U.S. dollar denominated stablecoin designed for digital payments and Web3, and to be compatible with the most widely used exchanges, wallets and Web3 applications.

Throwing light on the matter, PayPal CEO Alex Chriss recently noted that widespread use of stablecoins in the U.S. is still a ...

PayPal CEO says stablecoin adoption in the US is slow because most people don’t see a clear reason to use them in daily life.

PayPal's decision to launch its stablecoin comes in response to the growing shift toward digital currencies and the need for a reliable bridge between traditional fiat and the emerging realm of Web3.

USDC's growth, Shopify's integration with Coinbase's Base, and first-mover advantages are shaping the future of stablecoins ...

On Thursday, Agora became the latest stablecoin company to attract the attention of deep-pocketed venture investors, as the ...

PayPal’s stablecoin sparked conversations over traditional finance’s growing interaction with the crypto space, stablecoin regulations and more. Listen 0:00 6659 ...

Payments giant PayPal has expanded its alliance with digital currency exchange Coinbase to enhance the adoption of the PayPal USD (PYUSD) stablecoin. This move is expected to grant Coinbase's ...

PayPal's stablecoin launched to a lot of fanfare, but thus far it has had tepid adoption from both traders and shoppers. Called PYUSD, the stablecoin has a market capitalization of about $44 million, ...

Enter PayPal announcing the launch of PYUSD, a proprietary stablecoin backed by the U.S. dollar in early August. STORY CONTINUES BELOW Don't miss another story.

The case for PayPal’s ability to affect stablecoin adoption with its new project is strong, as recent statistics show that over 426 million PayPal accounts are currently actively used.