PayPal's cryptocurrency will have zero fees on Coinbase
The exchange will allow its users to make direct 1:1 exchanges of the PYUSD stablecoin to US dollars.
by Rafael Gómez Torres April 24, 2025 Reading time: 3 minutes
PayPal's stable cryptocurrency or stablecoin will have zero fees on Coinbase
The alliance between Coinbase and PayPal could boost digital payments on a global scale. Source: Composition by CriptoNoticias. Ievgen Skrypko; Oleksandr/ stock.adobe.com; Paypal/ wikimedia.org.
Both companies will explore new use cases for PYUSD in DeFi services.
The alliance occurs while new regulation for stablecoins is being debated in the U.S. Congress.
In a move that could transform the landscape of digital payments, Coinbase, the largest publicly traded cryptocurrency exchange, and PayPal, the giant of electronic payments, announced on Thursday, April 24, an expansion of their strategic alliance.
The main goal of this collaboration is to promote the adoption and utility of PayPal's stablecoin, PayPal USD (PYUSD), offering its users new ways to interact with stablecoins.
CryptoMarketCapBackTo$3T
