{"id":152084,"date":"2025-02-26T21:00:39","date_gmt":"2025-02-26T19:00:39","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152084"},"modified":"2025-02-26T18:25:27","modified_gmt":"2025-02-26T16:25:27","slug":"paypal-doubles-down-on-pyusd-for-global-payments","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/paypal-doubles-down-on-pyusd-for-global-payments\/","title":{"rendered":"PayPal Doubles Down on PYUSD for Global Payments"},"content":{"rendered":"<p>The goal is to use PYUSD for bill payments, mass payouts, and eventually all PayPal checkout transactions, aiming to make it a default digital currency for global payments.<\/p>\n<p>A key move is the introduction of PYUSD for bill payments, targeting over 20 million small and medium-sized businesses. This will streamline cross-border payments by removing banking intermediaries, cutting fees, and speeding up transactions. PayPal has already tested this feature with a successful business transaction.<\/p>\n<p>Additionally, PayPal is expanding PYUSD&#8217;s use in Hyperwallet, its platform for mass payouts to freelancers and contractors. This will offer faster, cheaper global payments compared to traditional bank transfers.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-correction-nearing-its-end-analyst-predicts-next-move\/\" title=\"Bitcoin Correction Nearing Its End? Analyst Predicts Next Move\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/timi-bitcoin-1-1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Correction Nearing Its End? Analyst Predicts Next Move<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Venmo, once a consumer-only app, is now becoming a significant player in business payments. With projections showing revenue could exceed $2 billion by 2027, PayPal is forging partnerships with major companies to boost Venmo\u2019s role in business transactions.<\/p>\n<p>Despite a tough few years for PayPal&#8217;s stock, CEO Alex Chriss is focused on growing transaction margins and expanding Venmo\u2019s presence in crypto and e-commerce, ensuring the company\u2019s future growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PayPal is making significant strides with its PYUSD stablecoin, integrating it into multiple platforms to simplify business and consumer transactions.<\/p>\n","protected":false},"author":7,"featured_media":27528,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-152084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PayPal Doubles Down on PYUSD for Global Payments<\/title>\n<meta name=\"description\" content=\"PayPal is making significant strides with its PYUSD stablecoin, integrating it into multiple platforms to simplify business and consumer transactions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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