PayPal

Stripe is reportedly in early talks to acquire PayPal, a move tied to its expanding stablecoin strategy and broader push into crypto-linked payments.

A PayPal and National Cryptocurrency Association study finds 4 in 10 U.S. merchants accept cryptocurrency, with digital natives increasingly using it for everyday purchases. The report frames crypto payments as moving from niche to mainstream in the U.S.

PayPal is applying for a U.S. bank charter to boost small-business lending, reduce reliance on partners, and pursue new growth avenues amid tighter lending and capital rules. The move could shift competitive dynamics between fintechs and traditional banks.

PayPal has submitted an application to become a U.S.-chartered bank under the name “PayPal Bank.” The move places the payments giant alongside crypto companies pursuing bank charters to deepen their regulated financial services.

PayPal has applied for an industrial bank charter in Utah to support issuance of the PYUSD stablecoin and expand into business lending and yield-bearing savings accounts. The move would bring PYUSD activity under state banking supervision and enable deposit-like products.

Securitize has recruited a former PayPal executive to help scale its regulated tokenized securities offering for U.S. investors, accelerating expansion after recent regulatory approvals in Europe. The hire underlines the firm's push to broaden access to digital securities.