Coinbase Expands its PayPal Stablecoin Partnership

Coinbase and PayPal have expanded their partnership to boost adoption of PayPal's PYUSD stablecoin, offering zero-fee conversions, merchant integration, and broader financial inclusion.
What’s the Scoop?
- Zero-Fee Conversions: Coinbase users can now convert USD to PYUSD without fees, reducing costs and enhancing stablecoin functionality.
- Merchant Network Expansion: The partnership will offer PayPal's merchants access to stablecoin services, increasing efficiency in financial operations.
- On-Chain Applications: Coinbase and PayPal aim to explore blockchain applications for PYUSD, boosting adoption across digital payment systems.
- Driving Financial Inclusion: The initiative targets underserved populations by delivering advanced financial tools through PYUSD stablecoin solutions.