PayPal USD (PYUSD) is a stablecoin backed by secure & highly liquid assets. Buy, sell, hold, & transfer on your favorite wallet or exchange.
Build with PYUSD on Solana
This past May, PayPal announced that PYUSD was live on Solana, marking a new phase of opportunity and adoption for stablecoin payments. Today, we are excited to unveil the first Global PYUSD Portal Hackathon, a collaboration between PayPal and Portal, built on Solana. The global virtual hackathon will start on August 12, 2024 and run until September 16, 2024. The winners of the hackathon will receive prizes from a total prize pool of 40,000 PYUSD and be showcased at the Solana Hacker House in...
Build with PYUSD on Solana
This past May, PayPal announced that PYUSD was live on Solana, marking a new phase of opportunity and adoption for stablecoin payments. Today, we are excited to unveil the first Global PYUSD Portal Hackathon, a collaboration between PayPal and Portal, built on Solana. The global virtual hackathon will start on August 12, 2024 and run until September 16, 2024. The winners of the hackathon will receive prizes from a total prize pool of 40,000 PYUSD and be showcased at the Solana Hacker House in...
PYUSD Launches on Solana: The Next Phase of Adoption
Today, PayPal announced that the PayPal USD (PYUSD) stablecoin is going live on the Solana blockchain. This comes nine months after the initial launch of PYUSD on the Ethereum mainnet in August 2023. PayPal has over two decades of payments experience. In our earliest years, we shouldered the responsibility of not just facilitating payments, but also introducing and evangelizing a new technology — digital payments. This experience provides novel insights that allow us to refine our approach to...
PYUSD Launches on Solana: The Next Phase of Adoption
Today, PayPal announced that the PayPal USD (PYUSD) stablecoin is going live on the Solana blockchain. This comes nine months after the initial launch of PYUSD on the Ethereum mainnet in August 2023. PayPal has over two decades of payments experience. In our earliest years, we shouldered the responsibility of not just facilitating payments, but also introducing and evangelizing a new technology — digital payments. This experience provides novel insights that allow us to refine our approach to...
The Secret Life of your $5 Latte
Your $5 latte is living a secret (financial) life. Think back to the last time you walked into your local coffee shop and paid for your latte. You tapped your phone or your card, grabbed your coffee, thanked the barista, and headed out for your morning commute. Easy, right? In reality, as you walked away from the counter, you set off a chain of events that sent your digital payment bouncing between providers, banks, wallets, card networks, and processors. The end result of your — and millions...
The Secret Life of your $5 Latte
Your $5 latte is living a secret (financial) life. Think back to the last time you walked into your local coffee shop and paid for your latte. You tapped your phone or your card, grabbed your coffee, thanked the barista, and headed out for your morning commute. Easy, right? In reality, as you walked away from the counter, you set off a chain of events that sent your digital payment bouncing between providers, banks, wallets, card networks, and processors. The end result of your — and millions...
Money Without Borders: Crypto and P2P Cross-border Payments
Globally, individuals are becoming more financially interconnected with one another than ever before. Nevertheless, the transfer of funds to individuals in other countries — what we call peer-to-peer (p2p) cross-border payments — is a large and growing industry that remains flawed yet full of opportunity. For people to pay how they want, being able to send money locally, regionally, and globally with ease is vital. PayPal believes in the long-term opportunity of crypto to address fundamental ...
Money Without Borders: Crypto and P2P Cross-border Payments
Globally, individuals are becoming more financially interconnected with one another than ever before. Nevertheless, the transfer of funds to individuals in other countries — what we call peer-to-peer (p2p) cross-border payments — is a large and growing industry that remains flawed yet full of opportunity. For people to pay how they want, being able to send money locally, regionally, and globally with ease is vital. PayPal believes in the long-term opportunity of crypto to address fundamental ...
Bitcoin, Green Mining, and the Possibility for a More Sustainable Future
One of the most pervasive conversations surrounding blockchain technology is sustainability. Blockchain networks — specifically proof-of-work (PoW) networks like Bitcoin — can consume large amounts of energy. Recent estimates suggest that Bitcoin mining is currently responsible annually for an estimated 85 million metric tons of carbon dioxide equivalent (as of April 02, 2024). Even with new blockchain consensus mechanisms proliferating rapidly, Bitcoin’s PoW architecture is likely to persist...
Bitcoin, Green Mining, and the Possibility for a More Sustainable Future
One of the most pervasive conversations surrounding blockchain technology is sustainability. Blockchain networks — specifically proof-of-work (PoW) networks like Bitcoin — can consume large amounts of energy. Recent estimates suggest that Bitcoin mining is currently responsible annually for an estimated 85 million metric tons of carbon dioxide equivalent (as of April 02, 2024). Even with new blockchain consensus mechanisms proliferating rapidly, Bitcoin’s PoW architecture is likely to persist...
