PayPal has begun rolling out its stablecoin PYUSD on Venmosound mobile payment service very popular in United States.
Fintech PayPal announced on Wednesday the progressive launch of its stable token PYUSD on its application Venmo.
PayPal USD is now available on Venmo for selected users and will be fully rolled out in the coming weeks. Venmo users can buy PYUSD and send it to friends and family on PayPal, Venmo and compatible external wallets,” PayPal wrote.
The release states that people using external wallets as well as merchants accepting PYUSD payments will also be able to receive transfers from Venmo users. The giant’s application has more than 80 million customers in the United States.
We were unable to confirm your registration.
You will receive an e-mail to confirm your registration (If you don’t receive an e-mail, check your spam folder).
At the same time, PayPal has announced that its stablecoin issued on Ethereum had been added to the green list from the New York State Department of Financial Services.
PYUSDwhich remains in low demand, is now offered on a number of crypto exchanges and services, including Kraken, Coinbase and BitPay.
The Best Online Bookmakers August 09 2026
 Bonus€250 |
 Bonus€100 |
 Bonus€100 |
Revolut launches its own crypto exchange Revolut X
Crypto betting platform Polymarket raises $70 million
Co-founder of crypto blender Tornado Cash sentenced to 5 years in prison
Bitcoin plummets below $55K as Mt Gox moves its BTCs
RWA: modular L2 Plume Network raises $10 million