According to a report by Jinse Finance, the New York State Department of Financial Services (NYDFS) has issued a no-action letter to Paxos, approving its issuance of the PYUSD stablecoin on the Stellar network. PYUSD is expected to officially launch on the Stellar network by 2025.

Odaily News According to Whale Alert monitoring, about 1 minute ago, the stablecoin issuer Paxos minted 50 million PYUSD on the Ethereum blockchain.

PANews reported on July 31 that the stablecoin issuer Paxos announced on the X platform today that Visa will support USDG and PYUSD issued by Paxos in its stablecoin Settlement services.

Gate News bot message, PayPal's latest service terms update revealed its plans to expand the PYUSD stablecoin to the Arbitrum blockchain network. The updated terms of service document explicitly states that PayPal's stablecoin PYUSD, initially launched on Ethereum, is set to operate on Arbitrum, mar

Blockchain analyst Scopuly has detected unusual movements in the underlying Stellar chain, with XLM price testing a key resistance level. A breakthrough of the core level at $0.285 will trigger a strong pump trend, and Whale funds have already entered the market in advance. Stellar is benefiting from PayPal's upcoming integration of the PYUSD stablecoin and a surge in network activity. This is not just hype—fundamentals show strong rise momentum, and savvy investors may have already positioned themselves for the long term.

Today (7) during the Asian afternoon session, Stellar (XLM) rose nearly 1%, making a slight gain on top of the 5% increase on Sunday. After rebounding from the support level on Wednesday, XLM is now approaching the resistance trend line of a descending triangle pattern, driving its increase of nearly 12%. PayPal announced that PayPal USD (PYUSD) will land on the Stellar platform, and the heated discussions on social media have further fueled market optimism, with the number of open contracts for XLM surging by 10%. The technical outlook remains bullish, with positive factors continuously emerging.

According to ChainCatcher news and a report by Fortune, Mastercard has announced its participation in the stablecoin alliance Global Dollar Network initiated by institutions such as Paxos, allowing for the joint minting and sharing of interest revenue from the stablecoin USDG, which is pegged to U.S. Treasury bonds. At the same time, Mastercard will also support PayPal's PYUSD and Fiserv's FIUSD stablecoins and integrate them into Mastercard.

Gate News bot message, on June 16th, U.S. time, the stablecoin USDC issuer Circle had a strong performance on its first day of trading in the U.S. stock market. Data shows that Circle's stock price briefly reached a high of $165.60, ultimately closing at $151.06, a 434% rise from the $31 issuance price, with a market capitalization of $33.617 billion. According to statistics from the Wu Shuo team, the major global stablecoin projects include USDT, USDC, USDS (formerly DAI), USDE, USD1, FDUSD, PYUSD, XAUT, PAXG, and TUSD. The statistical content covers information such as the market capitalization, issuers, and collateral of each project.

Odaily News PayPal has announced that it has introduced its stablecoin PYUSD to Stellar for cross-border remittances and payment financing. PYUSD is already running on Ethereum and Solana. This collaboration will enable small and medium-sized enterprises facing accounts receivable latency or pre-financing requirements to access a new source of real-time operating capital. (CoinDesk)

TrueX announced the completion of a $11 million Series A funding round, led by Accomplice and RRE Ventures. The new funds will be used for asset protection, external custodian support, and more. TrueX's preferred trading token is PYUSD, and Paxos will provide custody services for users, planning to open services to US and some international institutions.

Golden Finance reported that the stablecoin native Crypto Assets exchange TrueX announced the completion of a $11 million Series A financing, led by Accomplice and RRE Ventures, with participation from Reciprocal Ventures, Variant, and payment giant PayPal. The new funds are intended to support external custodians like Paxos Custody in asset protection. Currently, TrueX uses PayPal's stablecoin PYUSD as its preferred trading Token, and Paxos provides third-party custody services for TrueX's users, with the expectation that these services will first be available to U.S. institutions and some international institutions in certain regions.

According to the Gate.io News bot, as reported by Wu, the licensed institution in Singapore, MetaComp, has officially launched the cross-border forex payment infrastructure platform StableX based on stablecoin technology. The platform provides 24/7, high-efficiency, low-cost forex services for cross-border merchants, financial institutions, payment service providers, and global enterprises. StableX currently supports two mainstream stablecoins, USDT and USDC, and plans to expand support for digital assets such as FDUSD, PYUSD, and WUSD.

According to the Gate.io News bot and Cryptonews, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into PayPal's stablecoin PYUSD and has not taken any enforcement action. According to documents disclosed by PayPal on Tuesday, the SEC's enforcement division notified the termination of the investigation in February 2025 after issuing a document subpoena in November 2023. PayPal mentioned in the document that the regulatory environment is constantly changing, and future legislation poses costs and risks for stablecoin issuers and their partners. If PYUSD is involved in illegal transactions, its issuers and partners will face legal disputes.

Gate.io News bot, according to Bloomberg, PayPal will launch the PYUSD stablecoin holding reward program in the summer of 2024. Under the program, U.S. users holding PYUSD stablecoins in PayPal and Venmo wallets earn 3.7% per year, with earnings calculated daily and distributed monthly. The PYUSD earnings obtained by users have various uses, including exchanging for fiat currency, transferring to other users, making international remittances, and making payments on the PayPal Checkout platform. Source: Wu Says

Odaily News PayPal will offer its PayPal USD (PYUSD) stablecoin to U.S. users with an annual return rate of 3.7%, with earnings accumulating daily and paid monthly. The plan is set to launch this summer and aims to increase the adoption of PYUSD. This move is reportedly one of PayPal's initiatives to enter the crypto assets space, as the company seeks to establish new payment channels in this sector. (CoinDesk)

PayPal announced the launch of the PYUSD holding rewards program, allowing US users to earn a 3.7% annual yield by holding PYUSD through PayPal and Venmo Wallets. The company aims to enhance the usage of stablecoins within the Payment Network, viewing them as a core component of future payment infrastructure.

According to the Gate.io News bot, data from Artemis shows that the supply of Ethena USDtb has risen to $1.3 billion in the past month, ranking second among stablecoins, only behind Circle USDC. The data indicates that the current supply of USDtb has surpassed the PYUSD issued by PayPal and is close to the FDUSD issued by First Digital Labs. According to reports by Wu, 90% of the reserve assets of Ethena USDtb are supported by BlackRock's BUIDL fund.

Paxos officially released the February 2025 PYUSD Transparency Report, which showed that the total amount of tokens in circulation rose significantly to about $750 million, and the market value of collateral in net assets exceeded $770 million. According to Paxos, the PYUSD token is over-collateralized to ensure stability and has a standby collateral in the event of a default. The risk of loss is low.

The main situation of the stablecoin market in February is: USDS market value increased by 64%, PYUSD increased by 49%, USDT market value reached about $143 billion (only $2.5 billion was added in February), and USDC increased by 7%. However, USDe and DAI have seen a decline in market capitalization.

PayPal plans to increase the adoption rate of PYUSD stablecoin in 2025, launch billing payment products, allow small and medium-sized merchants to choose to use PYUSD to pay suppliers, and add PYUSD as an option for global payment through Hyperwallet. This move will be launched in the first half of this year, and by the end of 2025, merchants will also be able to use CryptocurrencySettlementPayPal transactions. The CEO of PayPal stated that the concept of Block will be realized.

PANews reported on February 26th that PayPal will integrate PYUSD as a global payment option on its payment platform Hyperwallet, with implementation expected to start in the first half of this year. Hyperwallet, acquired by PayPal, is mainly used for cross-border payments and enterprise Settlement.

The circulating supply of Stable Coin has increased by $16.97 billion since early 2025, reaching approximately $211.2 billion, with some Fluctuation in growth rate. The Stable Coins involved include: USDT, USDC, USDE, DAI, FDUSD, PYUSD, TUSD, and FRAX. From mid-January to February, Liquidity expanded again, with increased short-term demand.

Paxos released the transparency report of Stable Coin PYUSD in January 2025, disclosing unaudited data related to PYUSD, including the total circulation of Token dropping to $482,747,103, the market value of collateralized US Treasury repurchase agreements protocol being around $464,985,360, the market value of collateralized cash deposits being around $28,588,701, and the market value of collateralized assets in total net assets being around $493,574,061.

PANews February 3rd news, according to on-chain transaction information, the domain name "pyusd.sol" associated with PayPal Stable Coin PYUSD has been sold for 9500

Paxos released the transparency report of PYUSD in December 2024, showing that the total circulation of Tokens decreased to $497,959,719; the total amount of US Treasury collateralized reverse repurchase protocol is about $487,993,500, with cash deposits of about $21,401,062, and the collateral in the total net assets is about $509,394,562.

Regulated Digital Bank FV Bank in the United States integrates PayPal USD, which can be directly deposited and paid, and can also be converted to USD instantly. It is the only bank in the United States that supports deposits of USDC, USDT, and PYUSD. It can pre-screen transactions related to sanctioned entities or Anti-Money Laundering activities to ensure Compliance.

ChainCatcher message, FV Bank in the United States has stated that it has integrated PayPal USD (PYUSD) for direct deposits and outgoing payments, and can be instantly converted to US dollars. FV Bank

Odaily Planet Daily News Aave announced on X platform that the additional annual 4% deposit incentive for PYUSD has taken effect. This incentive will last for 6 months, with a target deposit amount of 75 million units. If PYUSD

PayPal's US dollar stablecoin PYUSD is now using LayerZero to simplify transfers between ETH and Solana, ensuring fast, secure, and cost-effective transactions for users and businesses. The Market Cap of PYUSD on ETH is approximately $350 million, while the supply on Solana has plummeted to $186 million.

The Stable Coin project WSPN announced the appointment of Stable Coin and digital asset market expert Austin Campbell as the Chief Executive Officer of the company's U.S. region, aiming to develop WUSD into a leading solution in the emerging Stable Coin 2.0 field. Mr. Campbell has previously managed stable value products at JPMorgan and Citibank, managed reserves and risk control at Paxos, and participated in the design of Stable Coin PYUSD.

Infrastructure platform Paxos announces the launch of the Stable Coin payment platform on the Block chain, which supports instant conversion between USD and PYUSD, USDP and USDC when making, spending, and refunding payments with various Stable Coins, making it easier for merchants to accept Stable Coin payments. Users can choose to convert to fiat coinSettlement immediately or directly pay with the Stable Coin balance, and merchants can also issue refunds by converting fiat coin to the originally used Stable Coin. This solution supports PYUSD, USDP, and USDC.

PayPal uses PYUSD to complete the first commercial transaction, Meson.fi announces support for PYUSD's cross-chain interaction transaction, and provides API interfaces. This will accelerate the application of Digital Money in B2B payments and the Decentralized Finance ecosystem.

BlockBeats news, on September 22, according to Defillama data, the supply of PYUSD in the past 7 days has decreased by 8.50%, with a Market Cap of 7.0574 billion US dollars. The supply has decreased by in the past 30 days.

The Stablecoin PYUSD, launched by Paypal, has reached a market capitalization of $1 billion on Solana, surpassing $1.0085 billion. This milestone represents double the speed of USDC and triple the speed of USDT. It demonstrates Paypal's success in the field of Digital Money since the initial issuance of PYUSD in 2023.