A PayPal stablecoin
Covered by 3 sources · 3 articles
3 outlets - including Tronweekly, Cointelegraph and Medium - are covering this story. PayPal reported Q2 revenue of $8.68B, beating estimates, while EPS of $1.26 missed on margin pressure. With regulated stablecoin PYUSD on Ethereum and Solana, PayPal’s balance sheet and evolving regulations will shape its push into checkout…
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PayPal Q2 Revenue Beats, Stablecoin Strategy Takes Focus
PayPal reported Q2 revenue of $8.68B, beating estimates, while EPS of $1.26 missed on margin pressure. With regulated stablecoin PYUSD on Ethereum and Solana, PayPal’s balance sheet and evolving regulations will shape its push into checkout…
PayPal expands stablecoin push as crypto assets factor into Q2 results
PayPal highlighted growth of stablecoins and AI-driven payment tools in Q2 while reporting $8.68 billion in revenue and an $81 million crypto-related earnings adjustment.
A PayPal stablecoin
Editor’s note: This essay was originally published on LinkedIn in August 8, 2023.