PayPal: PayPal and Coinbase Extend Partnership to Support Innovation of Stablecoin based Solutions

PayPal Holdings, Inc. (NASDAQ: PYPL) and Coinbase Global, Inc. (NASDAQ: COIN) announced an expansion of their partnership to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises, and institutions as they continue to "utilize digital currencies across platforms and borders with the stability of regulated USD-denominated crypto-native assets." Alex Chriss, President and CEO, PayPal said: "For years, we've worked with Coinbase to enable a