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Stock impact report

YouTube Creators Can Now be Paid in PYUSD as Stablecoin Payouts Build Momentum [Yahoo! Finance]

Airbnb, Inc. - Class A (ABNB) 
Company Research Source: Yahoo! Finance
Major platform operators are exploring stablecoin payouts. YouTube has added PYUSD as a payout option for creators, marking the platform's first foray into stablecoins. The move comes as global platforms and marketplaces are increasingly exploring stablecoins as a cheaper, faster alternative to bank transfers. In an interview with Fortune published on Dec. 11, PayPal's head of crypto, May Zabaneh, confirmed that PYUSD payouts have gone live for U.S.-based YouTube creators. The option builds on YouTube-owner Google's existing relationship with PayPal. Google first integrated PayPal Hyperwallet for U.S. users of its AdTech platforms in February, rolling it out globally in October. Hyperwallet, which PayPal acquired in 2018, is a global payment solution for platforms and marketplaces that need to disburse funds to thousands of creators, vendors, and gig workers worldwide. Rather than sending users individual bank transfers, platforms like YouTube, Airbnb, and Shopify use H Show less Read more
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