PayPal Launches PYUSD Stablecoin in 70 New Markets

Published at 2026-03-17 12:16:03

PayPal has launched its dollar-backed PYUSD token in 70 additional markets, saying the stablecoin will enable cheaper cross-border transfers and give merchants faster settlement than traditional rails. The company frames the move as a way to reduce friction and cost for international payments by using a digital-dollar settlement layer inside its existing network.

For merchants and businesses, faster settlement can free up working capital and reduce FX and counterparty timing risk; for consumers, lower fees could make PayPal a more competitive option for remittances and global purchases. Adoption will depend on local on-ramps, liquidity and regulatory acceptance, but the expansion significantly broadens PayPal’s global reach and presents fresh competition to existing remittance and stablecoin players.

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Ripple is moving to offer custody, payments and brokerage services in Brazil as it prepares to seek approval from the central bank, signalling a push into digital asset management and tokenization. The move could accelerate institutional on‑ramp and XRP utility in Latin America.

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Published at 2026-03-17 13:15:20

Mastercard to Buy Stablecoin Firm BVNK for Up to $1.8B

Mastercard said Tuesday it will acquire stablecoin payments infrastructure provider BVNK in a deal valued at up to $1.8 billion, signaling a strategic push into tokenized payments.

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Published at 2026-03-17 12:30:54

dtcpay Raises $10M Series A, Gets Luxembourg EMI License to Scale Stablecoin Payments

Singapore’s dtcpay raised $10 million in a Series A led by Vertex Ventures and secured a Luxembourg EMI license to accelerate its regulated stablecoin payment services in Europe and beyond. The move aims to boost merchant adoption and cross-border payment rails.

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Published at 2026-03-17 08:45:26

Ripple Partners with i-payout to Expand US and Canada Payouts

Ripple has teamed up with i-payout to speed cross-border payouts into the U.S. and Canada using its digital asset-powered payments network. The move aims to boost liquidity and settlement times for remitters and payout providers.

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Published at 2026-03-16 20:46:01

Steak ‘n Shake Credits Bitcoin Strategy for Same-Store Sales Surge

Steak ‘n Shake is expanding Bitcoin use across payments, employee bonuses, and its corporate treasury, saying the strategy is lifting same-store sales and reshaping its financial model.