{"id":60339,"date":"2023-09-28T06:23:45","date_gmt":"2023-09-28T10:23:45","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=60339"},"modified":"2023-09-28T06:55:12","modified_gmt":"2023-09-28T10:55:12","slug":"crypto-com-becomes-official-exchange-for-paypal-usd","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/crypto-com-becomes-official-exchange-for-paypal-usd\/","title":{"rendered":"Crypto.com Becomes Official Exchange for PayPal USD"},"content":{"rendered":"\n<p>Crypto.com exchange has partnered with PayPal and Paxos to become the most popular platform for <a href=\"https:\/\/coinscreed.com\/staging\/bybit-lists-paypal-usd-stablecoin-for-spot-trading.html\">PayPal USD<\/a> (PYUSD).<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"883\" height=\"406\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/image-137.png\" alt=\"Crypto.com Becomes Official Exchange for PayPal USD\" class=\"wp-image-7785\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/image-137.png 883w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/image-137-300x138.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/image-137-768x353.png 768w\" sizes=\"(max-width: 883px) 100vw, 883px\" \/><figcaption class=\"wp-element-caption\">Crypto.com Becomes Official Exchange for PayPal USD<\/figcaption><\/figure>\n\n\n\n<p>According to a press release from September 28th, Crypto.com has the most liquid PYUSD trading pairs in the world. The exchange has listed PYUSD for retail and institutional traders, and &#8220;trading features are coming soon.&#8221; <\/p>\n\n\n\n<p>According to the press release, this move expands on PayPal and Crypto.com's previous partnership, which included the option to use PayPal to reload the <a href=\"https:\/\/coinscreed.com\/staging\/visa-card-users-can-now-pay-gas-fees-on-ethereum.html\" target=\"_blank\" rel=\"noreferrer noopener\">Crypto.com Visa Card<\/a>.<\/p>\n\n\n\n<p>Joe Anzures, Senior Vice President of the Americas and Global Head of Payment Partnerships at Crypto.com, referred to Paxos as &#8220;a market-leading issuer of stablecoins&#8221; in his commentary and conveyed the company's enthusiasm about the partnership:<\/p>\n\n\n\n<p><em>\u201cConnecting our more than 80 million users to the latest crypto innovations, as well as supporting PayPal\u2019s global network of consumers and merchants, will be pivotal in our continued pursuit of crypto to every wallet.\u201d<\/em><\/p>\n\n\n\n<p>In August of 2023, PayPal released a stablecoin. The stablecoin pegged to the U.S. dollar is based on Ethereum and supported by U.S. dollar deposits, short-term Treasurys, and other cash equivalents.<\/p>\n\n\n\n<p>PYUSD is available on key exchanges such as Bitstamp, Coinbase, and Kraken and as a payment option on BitPay and Metamask. The stablecoin became available to Venmo customers in September. The <a href=\"https:\/\/www.dfs.ny.gov\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">New York State Department of Financial Services<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> has added PYUSD to its list of authorized cryptocurrencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto.com exchange has partnered with PayPal and Paxos to become the most popular platform for PayPal USD (PYUSD). According to a press release from September 28th, Crypto.com has the most liquid PYUSD trading pairs in the world. The exchange has listed PYUSD for retail and institutional traders, and &#8220;trading features are coming soon.&#8221; According to [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":7785,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[1406,1360,16505],"class_list":["post-60339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","tag-crypto-exchange","tag-crypto-com","tag-paypal-usd"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/image-137.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/60339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=60339"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/60339\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/7785"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=60339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=60339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=60339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}