PayPal, Coinbase Global Expand Partnership to Drive Adoption of PayPal USD Stablecoin

MT Newswires Live

04/24

PayPal Holdings (PYPL) and Coinbase Global (COIN) said Thursday that they expanded their partnership to drive the adoption, distribution, and usage of the PayPal USD stablecoin.

The companies said the expanded partnership will give Coinbase customers access to the PayPal USD stablecoin and allow them to trade the stablecoin without platform fees. The partners also agreed to collaborate on innovations that will help accelerate the adoption of stablecoins, including in DeFi and onchain platforms, according to the statement.

Price: 63.16, Change: +0.70, Percent Change: +1.12

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