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Stock impact report

Stablecoins roll on as rules evolve [Yahoo! Finance]

PayPal Holdings, Inc. (PYPL) 
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
Company Research Source: Yahoo! Finance
PayPal Holdings and Convera are among a slew of payments companies and fintechs vying to offer new ways of using stablecoins for international transactions. While some, such as PayPal, are seeking to incorporate the cryptocurrency into consumer and merchant transactions, others are offering new twists for companies in their payment practices. All the activity revolves around a bid to make international payments faster, less complex and more affordable, for consumers and businesses alike. The convoluted paths of cross-border payments, including fees and foreign exchange practices that increase the cost, have long stymied G20 nations' efforts to simplify the transactions. At PayPal, the company said last month that its own stablecoin, known as PYUSD, will now be available for use – buying, selling, transferring and holding – in the PayPal digital app in 68 additional countries, including Colombia, Costa Rica, Greenland, Honduras, Peru and Singapore, according to a March 17 press Show less Read more
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