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PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase’s L2 By Cointelegraph - Modern Digital India
Sunday, May 31, 2026

PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase’s L2 By Cointelegraph

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In a move that can reshape the digital payments landscape, financial technology giant PayPal (NASDAQ:) has unveiled its United States dollar-pegged stablecoin PayPal USD (PYUSD).

In line with expectations, the launch has ignited a complex debate within the crypto community.