PayPal Stablecoin Strategy Advances as Kraken Adds PYUSD Roadmap

TLDR: The PayPal stablecoin strategy is moving deeper into global payments as PYUSD reaches about 70 markets and gains more blockchain access. Q2 revenue rose to $8.68 billion, beating the $8.47 billion estimate, while adjusted earnings reached $1.38 per share for the quarter. PayPal excluded an $81 million loss tied to strategic investments and crypto [...]

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