Coinbase partners with PayPal to advance PYUSD payment applications

2025-04-24 21:01:25

ChainCatcher news, according to official sources, Coinbase is expanding its partnership with PayPal to accelerate the adoption, distribution, and use of the PayPal USD stablecoin (PYUSD).

Coinbase will support a 1:1 exchange of PYUSD with the US dollar through its custody and trading platform, thereby enhancing the utility of PYUSD and exploring new on-chain use cases for PYUSD.

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Coinbase PayPal PYUSD US Dollar Stablecoin

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