PayPal Plans to Ramp Up Adoption of Its Stablecoin Through 2025

Feb. 25, 2025, 9:47 PM UTC

PayPal Holdings Inc. plans to integrate its stablecoin into more of its products this year in an effort to address all of its merchants’ needs through a single platform.

PayPal aims to offer its stablecoin, PYUSD, as an option for its more than 20 million small-to-medium sized merchants to pay vendors through its upcoming bill-pay product by the end of this year. The idea is for merchants to invite their vendors into the PayPal network to facilitate easier transactions, according to Michelle Gill, general manager of PayPal’s small business and financial services group.

“A lot of the payments we’re ...

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