PAYPAL

In today’s digital era, efficiency and ease of transactions are top priorities within the global financial system. Originally designed for marketing and product information, QR codes have evolved into powerful tools for enabling digital payments. With their ability to streamline transaction processes, QR codes hold the potential to become a new standard in international finance.
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The Evolution of QR Codes in Financial Systems
QR codes offer a practical solution for digital payments, allowing users to complete transactions simply by scanning a code with a mobile device. Adoption of QR code payments has surged across Asia:
China: Alipay and WeChat Pay have integrated QR codes as primary payment methods.
India: The Unified Payments Interface (UPI) supports interbank interoperability through QR codes.
Indonesia: The Quick Response Code Indonesian Standard (QRIS) unifies various digital payment methods under one QR code system.
These successes have drawn the attention of global financial institutions, prompting serious consideration of QR codes as an international standard.
Integration of QR Codes in the Crypto Ecosystem
In the crypto space, QR codes play a vital role in enabling fast and secure transactions. Several major crypto wallets supporting QR code payments include:
Trust Wallet: Supports a wide range of crypto assets and allows transactions via QR scanning.MetaMask: Lets users connect wallets to decentralized applications (dApps) through QR codes.Exodus: Offers QR code features for both sending and receiving crypto assets.Coinbase Wallet: Enables users to receive payments by scanning QR codes linked to their wallet addresses.
Among the top 100 cryptocurrencies by market capitalization, the following support QR code payments:
Bitcoin (BTC): As the first and most prominent crypto, BTC is supported by numerous wallets and platforms for QR-based payments.Ethereum (ETH): Widely used in dApps and DeFi, with QR support integrated into many platforms.Binance Coin (BNB): Usable in the Binance ecosystem, including QR payments via Binance Pay.Litecoin (LTC) & Bitcoin Cash (BCH): Known for low fees and high speed, both support QR code payments.
Moving Toward Global Standardization
Some countries have already begun implementing cross-border QR code interoperability. For instance, Southeast Asian nations such as Thailand, Singapore, Malaysia, and the Philippines have agreed to a cross-border QR system, enabling tourists to pay using their local QR codes abroad.
This initiative illustrates QR codes’ potential as a bridge between national financial systems and paves the way for establishing global standards that enable faster, more secure international transactions.
Visa and Ripple: A Strategic Blockchain Partnership
Visa has entered a strategic partnership with Ripple—the company behind XRP—to improve cross-border payment efficiency. This collaboration allows Visa to utilize RippleNet’s blockchain infrastructure for faster and more secure international transactions. XRP acts as a bridge currency in this setup, offering reduced fees and quicker settlements compared to traditional methods.
Additionally, Visa has acquired Ripple-affiliated companies such as CurrencyCloud and Earthport, further embedding Ripple’s technology within its payment ecosystem. These moves reflect Visa’s commitment to exploring blockchain solutions for its global payment services.
However, it’s important to note that while XRP is part of Visa’s infrastructure, it has not yet been adopted as a primary method of payment. Visa continues to rely on its traditional payment networks while gradually integrating blockchain innovations as part of its long-term strategy.
PayPal and the Expansion of In-Store Payments in Germany
In a recent development, PayPal announced plans to introduce in-store payment services in Germany starting this summer. This marks the company’s first point-of-sale offering in the country. According to BlockBeats, users will be able to make payments via the PayPal app on both iOS and Android devices at merchants that accept Mastercard contactless payments.
While PayPal emphasizes NFC-based contactless technology, the company also supports QR code payments in multiple global markets. For physical retail—particularly among small and medium-sized businesses—QR codes remain a cost-effective, hardware-free solution. It is highly likely that QR codes will play a key role in PayPal’s European expansion, reinforcing their importance in the evolving international financial landscape.
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From a simple marketing tool to a cornerstone of digital finance, QR codes are rapidly becoming essential to both traditional and decentralized payment systems. With increasing adoption in Asia, support from leading crypto projects, and integrations by giants like Visa and PayPal, QR codes are poised to become a global financial standard—enabling fast, secure, and universally accessible transactions across the world.
#QR #VISA #PAYPAL #CryptoAdoption

The SEC is looking to drop its unregistered securities offering lawsuit against crypto YouTuber Ian Balina in the agency's latest move to wind back its crypto enforcement.The US Securities and Exchange Commission has filed to drop another of its crypto lawsuits, this time its unregistered securities sales case against crypto influencer and YouTuber Ian Balina.
The SEC said in a May 1 joint stipulation with Balina to an Austin federal court that it “believes the dismissal of this case is appropriate,” citing the work of the agency’s Crypto Task Force.
The agency didn’t give a reason for wanting to dismiss its case, but said its decision “does not necessarily reflect the Commission’s position on any other case.”
Balina told Cointelegraph in March that the SEC had informed him it would recommend the court dismiss the case and claimed the agency’s actions were based on a shift in the agency’s priorities.Obviously, the new administration is pro-crypto,” Balina said. The SEC has seen a change in leadership under US President Donald Trump, who appointed former crypto lobbyist Paul Atkins to chair the agency.
The joint stipulation argued a dismissal would also conserve the court’s resources “without costs or fees to either party.”Balina is the CEO of Token Metrics, a crypto influencer with 140,000 followers on X, and a YouTuber who the SEC accused of improperly promoting crypto projects, particularly during the initial coin offering (ICO) boom circa 2017.
The SEC sued Balina in 2022, alleging that he conducted an unregistered securities offering of Sparkster (SPRK) tokens when he formed an investing pool on Telegram in 2018.
The SEC claimed that US-based investors participated in Balina’s investing pool, using
ETH $1,846 $ETH which was validated by a network of nodes “which are clustered more densely in the United States than in any other country.”Related: SEC drops investigation into PayPal’s stablecoin
The court sided with the SEC and, in May 2024, ruled that SPRK was an investment contract under US securities laws, where investors pooled money into a common enterprise expecting profits due to the efforts of others.
Shift in crypto policy
The move is the latest in a long list of crypto-related court actions that the SEC has quashed under the Trump administration’s favorable stance toward the industry.
Over the past month, it has dropped several cases and abandoned multiple investigations against crypto firms, including against Coinbase, Ripple, Kraken, Opensea, and #Paypal PayPal’s stablecoin. #StablecoinPayments #Trump100Days #BTCRebound

The U.S. Securities and Exchange Commission (SEC) has officially concluded its investigation into PayPal's PYUSD stablecoin without any punitive action. This move not only helps PayPal remove significant legal barriers but also opens new opportunities for expanding this stablecoin in a crypto market dominated by "giants" like Tether and Circle.

✅ SEC withdraws: Positive signal for PayPal and the stablecoin sector

The US SEC has ended another high-profile investigation into a crypto-related firm after dropping inquiries into PayPal’s PYUSD stablecoin.
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Financial technology titan PayPal confirmed this development in its Q1 financial report, released on Tuesday, April 29. It revealed that the US Securities and Exchange Commission has ended its probe into its stablecoin, PYUSD.
PayPal’s Stablecoin Business on the Loose
The Wall Street securities watchdog launched an investigation into PayPal’s PYUSD in November 2023, three months after its launch. The prominent payment firm disclosed that the US SEC served it with a subpoena, requesting documents related to the stablecoin.

However, its recent regulatory filing disclosed that the SEC confirmed in February that it was ending the over one-year investigation without any enforcement action. The recent development adds to the growing list of crypto-related firms the commission has let off since Donald Trump resumed office.
Recall that the US SEC has officially ended its litigation and investigation against Coinbase, Kraken, and Consensys, while Robinhood, Crypto.com, and Uniswap, among others, disclosed that the regulator has also agreed to drop charges against them.
Remarkably, the regulator noted in Coinbase’s case that the move marked its efforts to end regulation by enforcement and, through the newly formed Crypto Task Force, reform its regulatory approach towards the sector.
Meanwhile, the disclosure comes on the heels of a better-than-expected financial report from PayPal. For context, it beats Wall Street’s expectation of $1.16 per share to record impressive earnings of $1.33 per share for the first quarter of the year. The firm’s revenue also grew 1% year-over-year to $7.8 billion.
PayPal Introduces Strategies to Boost PYUSD
The fintech’s PYUSD token has failed to gain traction in the stablecoin sector amid continued dominance from Tether’s USDT and Circle’s USDC. The duo controls 62% and 26% of the fiat-pegged industry’s market cap, respectively, and almost 90% combined.

Meanwhile, PYUSD ranks sixth in the sector, with a valuation of only $880 million, less than 1% of USDT’s $148 billion and 14% of USDC’s $62 billion. Nonetheless, PYUSD has grown 76.7% from $498 million at the start of the year to its current valuation, signifying increasing traction.
Moreover, PayPal has introduced new strategies to enhance the stablecoin’s utility. On April 23, it announced a new scheme that offers US users a 3.7% annualized yield for holding the PYUSD stablecoin on PayPal and Venmo. This latest loyalty offering will resume in the summer of 2025.
A day after the announcement, PayPal also unveiled a partnership with the leading US-based cryptocurrency exchange, Coinbase. The fintech firm disclosed that the extended collaboration aims to drive innovation in stablecoin-based solutions, starting with a fee-free and 1:1 redemption of PYUSD on the Coinbase trading platform.
DisClamier:
This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect @Lachakari_Crypto opinion. Readers are encouraged to do thorough research before making any investment decisions. @Lachakari_Crypto is not responsible for any financial losses.
$BTC
#BinanceAlphaAlert #Paypal #LACHAKARI #LachakariAnalysis #Lachakaricrypto

BOMB NEWS! 💥 The stablecoin of
,
💰, has been CLEARED of the SEC INVESTIGATION! 🥳 The company breathes EASILY and is ready to MOVE FORWARD! 🚀
This SEC CLOSURE comes amid REGULATORY CHANGES 🔄 and NEW STRATEGIC ALLIANCES 🤝 that seek to CONSOLIDATE PYUSD in the GLOBAL FINANCIAL ECOSYSTEM 🌐.
PayPal REPORTED in its Form 10-Q 📄: the SEC CLOSED the 2023 investigation into PYUSD WITHOUT IMPOSING ANY MEASURES! 🙌 It started last NOVEMBER 🗓️ with a SUBPOENA 📜, but IT DIDN'T GO FURTHER! 😉

The competition in the stablecoin market has become more intense than ever as PayPal announced plans to offer a 3.7% annual interest rate to users holding PYUSD, a bold move aimed at attracting users and asserting its position among giants like USDT and USDC.

🔹 Attractive interest rate – Big ambitions

According to the plan, users in the US holding #PYUSD in their PayPal or Venmo wallets will receive daily interest and monthly rewards in the PYUSD coin itself. This annual interest rate of 3.7% (APY) is not only high compared to traditional savings rates but also a clear statement that PayPal is willing to invest long-term to develop its own stablecoin.

Paypal is launching a new rewards program for its stablecoin PYUSD, offering U.S. users a 3.7% annual return to boost adoption in the competitive stablecoin market.

Incentivizing Use of PYUSD
Paypal Holdings is launching a new rewards program for its stablecoin PYUSD to boost adoption of the digital token within a fiercely competitive market. The initiative, announced on April 23 and slated to roll out this summer, will allow Paypal and Venmo users in the United States to earn a 3.7% annual reward on their PYUSD holdings.
According to a Bloomberg report, the rewards, which are paid monthly in PYUSD, can be exchanged for traditional fiat currency, sent to other users, or utilized for international transfers.
Jose Fernandez da Ponte, Paypal’s senior vice president and general manager of blockchain, crypto and digital currencies, said the goal is to incentivize the use of PYUSD as a payment method across PayPal’s network. The move to reward PYUSD holders is the fintech giant’s attempt to grow its footprint in the approximately $240 billion stablecoin market.
With a total market value of approximately $873 million, PYUSD remains a distant player compared with industry giants like Tether’s USDT, which boasts a market capitalization of around $145 billion. The next-ranked stablecoin, USDC, commands a market capitalization of just over $61 billion. As shown by Coingecko data, out of the 296 stablecoins tracked, only six currently hold a market value exceeding $1 billion.
Meanwhile, Da Ponte acknowledged that, similar to its competitors, PYUSD’s primary use has been within cryptocurrency-related transactions.
“We see stablecoins as building the next generation of payment rails, but we are aware that is something that takes time. We are halfway in a 10-year journey,” Da Ponte stated.
Paypal has outlined ambitions to further integrate PYUSD into its diverse product offerings throughout the year, with the goal of reducing payment costs and accelerating transaction speeds for its vast network of merchants and consumers.
“We are thinking a lot about how we can change the expense profile of the payments landscape by using stablecoins,” commented Paypal Chief Executive Officer Alex Chriss.
Since PYUSD’s introduction, the stablecoin landscape has become increasingly crowded. Several other major financial players have made moves into the sector, intensifying competition for Paypal. Fintech heavyweights Robinhood Markets Inc. and Revolut Ltd. are reportedly considering launching their own stablecoins. In addition, some U.S. banks and one are contemplating issuing their own stablecoins.
Paypal’s move to offer rewards mirrors strategies employed by other players in the stablecoin ecosystem. Cryptocurrency exchange Coinbase, for instance, already allows users to earn rewards on their holdings of Circle’s USDC.

#binance #wendy #paypal $BTC $ETH $BNB