Coinbase is waiving transaction fees on PayPal's stablecoin, PYUSD, and enabling direct redemption into U.S. dollars. The move is part of a broader partnership between Coinbase and PayPal to boost adoption of PYUSD, the dollar-pegged stablecoin launched by PayPal in 2023. Through the integration, merchants on PayPal's network will now be able to settle transactions [...]
PayPal is a California-based multinational financial technology company that provides services such as online money transfer, invoicing, and payment processing for individuals and businesses.