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Home/News Feed/PayPal expands its dollar-backed stablecoin PYUSD to 70 markets for faster, cheaper global payments.
PYPL
$44.17
+$0.02 +0.05%

PayPal expands its dollar-backed stablecoin PYUSD to 70 markets for faster, cheaper global payments.

Market News
20 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

PayPal has launched its stablecoin PayPal USD (PYUSD) in 70 markets worldwide, allowing users to buy, hold, send, and receive PYUSD directly within their PayPal accounts. This dollar-backed stablecoin offers faster settlement and lower costs compared to traditional payment methods, supporting more seamless global commerce. Eligible users can earn rewards on PYUSD holdings and convert it to local currency for spending. Businesses benefit from quicker access to funds, improving liquidity and cross-border operations. This expansion follows PYUSD's initial launch in the U.S. in 2023 and aims to enhance global financial inclusion and commerce efficiency.

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The Tour Guy launches 'Reserve Now, Pay Later' with PayPal for flexible tour bookings

The Tour Guy, a major European tour operator, introduced a 'Reserve Now, Pay Later' feature powered by PayPal, allowing travelers to book popular tours without upfront payment. This non-loan option requires no credit checks or interest, charging cust...

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