PayPal, Coinbase Expand Stablecoin-Based Solutions Partnership

PayPal and Coinbase are expanding their partnership to increase the adoption, distribution and use of the PayPal USD Stablecoin.

• Coinbase users will now be able to buy, sell, trade PYUSD with no platform fees
  • Also able to redeem PYUSD 1:1 for US dollars directly on Coinbase platforms
• Companies committed to collaborating on a variety of innovations that’ll help accelerate the adoption and utility of stablecoin based solutions for the purposes of moving or managing money globally, particularly in commerce
• Companies agree to explore new use cases for PYUSD in DeFi and other onchain platforms
• Deal expands on previous work between ...