PayPal CEO Says US Stablecoin Adoption Faces Hurdles
11 Articles
11 Articles
PayPal CEO says US stablecoin adoption faces hurdles
PayPal CEO Alex Chriss says it will take time before the use of stablecoins in the US becomes widespread. is weak despite increasing public discussion and legislative action; incentives are still being formulated. While PayPal brought one of the first stablecoins from a big financial company to market in 2023, it has proved difficult for users to use the coins for everyday financial activities, Chriss said. The Genius Act may also cause restricti
Fiserv Teams with PayPal and Circle to Launch Dollar-Backed Stablecoin
Catenaa, Saturday, June 28, 2025-US fintech giant Fiserv announced Monday plans to launch its own US dollar-backed stablecoin, FIUSD, in partnership with PayPal and Circle. The token is expected to debut by year-end, initially running on the Solana blockchain and integrating with Fiserv’s...
PayPal Welcomes Deirdre Stanley to Its Board
In a significant move set to impact small businesses, PayPal has announced the addition of Deirdre Stanley to its Board of Directors. With nearly three decades of experience in high-stakes environments, Stanley’s appointment comes at a pivotal time for PayPal, which has been striving to enhance its services for small businesses and consumers alike. Stanley, who previously served as Executive Vice President and General Counsel at The Estée Lauder…
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