PYUSD deposits<\/a>, and trading functionality is on the way. Key to the company\u2019s continuous push of crypto to every wallet is connecting Crypto.com\u2019s more than 80 million users to the latest crypto developments and supporting PayPal\u2019s global network of consumers and merchants.<\/p>\nPayPal launched PayPal USD, the US dollar-pegged stablecoin built on Ethereum, in early August 2023 and it has received significant success. The success is partly attributed to not only the 1:1 backing by USD cash and equivalents but also PayPal\u2019s position as a financial services giant.<\/p>\n
The partnership unites three successful businesses operating in distinct industries. PayPal is now widely recognized not only as\u00a0a pioneer in the global\u00a0financial services space but also as an early adopter of\u00a0digital payment technology. On the other hand, Paxos is a market-leading issuer of stablecoins.<\/p>\n
As a result, this has the potential to have far-reaching effects in the crypto space, well beyond the existing sphere of influence of either organisation. PayPal and Crypto.com plan to continue discussing the possibility of bringing additional connected top up and commerce features to market.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Leading digital assets exchange\u00a0Crypto.com, has\u00a0today announced that it has partnered with PayPal and Paxos to become the preferred\u00a0exchange for PayPal USD (PYUSD). This expands upon the already existing integrations between PayPal and Crypto.com, such as PayPal\u2019s support for loading of\u00a0funds onto a Crypto.com Visa Card. PayPal USD\u2019s appeal and implications of the partnership PYUSD is […]<\/p>\n","protected":false},"author":2,"featured_media":164763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-164762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/164762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=164762"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/164762\/revisions"}],"predecessor-version":[{"id":164764,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/164762\/revisions\/164764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/164763"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=164762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=164762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=164762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}