Payments company PayPal (PYPL) has applied for a Utah industrial bank license. The goal is to create a lending arm called ...

PayPal seeks to create an industrial loan arm called PayPal Bank with a Utah state-chartered industrial bank license.

PayPal has applied to establish a Utah-chartered industrial bank to have more control over lending, deposits, and payments ...

The stablecoin market is expected to grow significantly over the coming years, potentially rising from roughly $300 billion ...

The company behind the PYUSD stablecoin said it wants to offer business lending and interest-bearing savings accounts.

PayPal is seeking a state-chartered bank license as it deepens lending, deposits, and crypto-linked settlement services in ...

The payments company submitted applications to the Utah Department of Financial Institutions and the Federal Deposit ...

PayPal has introduced the PYUSD Savings Vault on Spark, giving users of its dollar-backed stablecoin a way to earn on-chain ...

PayPal has applied to become a bank in the US, the latest fintech seeking to capitalise on the Trump administration’s more ...

With the introduction of a new feature that enables U.S.-based creators to receive their revenues in PayPal's PYUSD ...

Circle has agreed to acquire the Interop Labs team and its proprietary technology, while the Axelar Network, its foundation ...

Ripple, the payments-focused blockchain firm, has announced the expansion of its US dollar-backed stablecoin (RLUSD) into Ethereum layer-2 (L2) ...