The biggest exchange listed cryptocurrency listed, Coinbase has decided Eliminate the fees Pyusd transactions launched by Paypal.
Users can do that too Convert Pyus to directly to US dollarsby making the payment process smoother and accessible.
This step is an important step for PayPal, which aims to strengthen its existence in the cryptocurrency and digital payment sector, focusing on stability that can be used effectively and safely.
Coinbase opens the doors to PayPal Pyusd Stablein: zeroases and direct integration
Stablecoins are cryptocurrency designed to maintain a stable value, which is usually associated with a US dollar ratio of 1: 1.
Used mainly to facilitate the exchange of chips, they are becoming increasingly popular as a means of payment. In this context, Pyusd presents itself as an innovative solution supported by two giant Fintech sector.
In accordance Jose Fernandez da PontePayPal Elder Vice President block chain, Cryptocurrency and digital currencies, cooperation with Coinbase “a truly powerful combination”.
Which combines institutional access to PayPal, Merchants' Network and Coinbase. The goal is clear: Bring Pyusd to the center of digital paymentsTo.
Until recently, Coinbase only offered zero -money treatment USDCTo do, CircleAnother market capitalization.
Expanding this advantage to Pyusd also is an important recognition for PayPal stability aimed at start In a very competitive market.
“We want to ensure we establish Pyusd Best Stablein for payments“Fernandez da Ponte said, emphasizing Paypal's intention to position himself as the leader of this sector.
Coinbase and PayPal's partnership is not limited to loss of fees. Two companies have announced their intention to cooperate future projects Also.
Specifically with the purpose By expanding the receiving stableinide in payments and exploring new new ones Use cases for pyusd within the limits of decentralized finance (Defi).
Defi allows users to make transactions directly on the chip circuit network without the need for intermediaries. The integration of Pyusd into this ecosystem can pave the way to consumers and financial institutions.
Regulatory context: Congress to the Stablecoin law
This strategic union comes while when United States Congress seems to be ready to approve A law that regulates stableTo.
Both the House of Representatives and the Senate have submitted proposals for a clear regulatory framework and Casa Bianca has expressed the intention of seeing the final bill approved by August.
A more defined regulatory environment could further promote the adoption of stable contacts by providing investors and users with greater security.
For this scenario, Coinbase and PayPal's partnership is a forward -looking initiative that is ready amplify the legislative change to consolidate its position in the market.
Current president Donald Trump has shown a great interest in the world of cryptocurrencies, trying to Reform radically US policy on this issue.
After a wide range of support from the sector after the election campaign, Trump crypto -friendly characters were assigned to the main agencies like The Securities and Exchange CommitteeTo.
Recently signed him enforcement order to create a strategic cryptocurrencyBy demonstrating the intention to integrate digital currencies into the national economic strategy.
In addition Trump media and technology groupwhich the President owns the majority has reported an agreement retail companiesIncluding cryptocurrencies, thus expanding its existence in the financial sector.
The growing market and new opportunities
In accordance with the data submitted CoingeckoThe overall capitalization of the stableinide exceeds $ 238 billionTo.
Despite the fact that Pyusd currently has a relatively modest capital letter $ 872 millionIntegration with Coinbase can celebrate a A catalyst for significant growthTo.
In the meantime, Circle will continue investing in the sector, recent start -up Lap A network designed to facilitate cross -border payments and real -time settlement between financial institutions.
The cooperation between Coinbase and Paypal is much more than a simple business contract: it is a strong signal of evolution in the world of digital payments.
With the elimination of Pyusd's fees, the integration of default and the support of the regulatory context to be defined are approaching stable and closer to their goal Global and mainstream paymentTo.
If Lauren AbendscheinEmphasized the global manager of Coinbase's institutional sales, the purpose of this partnership is “to promote the future of global payments”.
And with the support of the Trump administration and with the growing interest of institutions and consumers, the future of stable future seems more promising than ever.
