Press release: PayPal and coin extend the partnership for driving the innovation of the solution based on Stablecoin

San Jose, California., 24. April 2025 /Prnevvire/ – Paypal Holdings, Inc. (NASDAK: PIPL) and COINBASE Global, Inc. (NASDAK: Coins) announced the expansion of its partnership to increase the adoption, distribution and use Paypal USD (PIUSD) StableCoin. This cooperation will provide value for consumers, enterprises and institutions while still using digital currencies via platforms and borders with stable regulated crypto-domestic assets called USD.

“We’ve been working for years Coin To allow best integration in the class to provide a simple, familiar way for PayPal users to finance crypto purchase on Coin. Our goals further followed while we were drilling in combination with our payment expert enabling greater trade applications, “he said” Alex ChrisPresident and Executive Director, Paypal. “We are excited to ride new, exciting and innovative use cases together with Coin and the whole cryptocurrency Community, putting PiUSD in the center and ride further usefulness and adoption of digital currencies among developers, customers and other users. “

This partnership will give CoinMillions of clients direct access to Piussu, while allowing thousands of institutions already used by crypto Increased usefulness with Piussom. Additional details include:

• 1: 1 Piusd to Conversion USD– Coin Users will now be able to buy, sell, Piusd trade without platform fees, and at the same time, I could be about to American dollars directly Coin Platforms.
• Payment activities – Two companies are dedicated to cooperation at various innovations that will help accelerate adoption and usefulness Stablecoin Based solutions for the purposes of moving or managing money around the world, especially in trade.
• Defi research – Coin and Paypal agrees to explore new use cases for Piusd in Defi and a narkain platform.

“We are excited to cooperate with PayPal. Their more than 430 million consumer and merchant accounts offer an unprecedented opportunity to increase Stablecoin adoption in global, “he said Brian ArmstrongCEO, Coin.

This Agreement shall expand on previous work between two companies announced in 2021. years, allowing Coin Users to use their Paypal accounts for currently and direct funding purchases at Coin and open FIAT Currencies from Coin.

For more information about Pussu, visit www.paypal.com/tiusd.

O Paypal USD (PiUSD)
Paypal USD Issued by Trust Company Pažos, fully assembled a limited purpose trust company. Paca is licensed to deal with virtual business activities of currency by State in New York Fine service department. Paypal USD reserves are fully supported by US dollars, American cash registers and similar cash equivalents and paypal can be purchased or sold via Paypal and VENMO $ 1.00 PO PAYPAL USE.

About Paypal:
Paypal revolutionized the trade globally for more than 25 years. Creating innovative experiences that make money, sales and purchase of simple, personalized and secure, Paypal allows consumers and companies at approximately 200 markets to join and succeed in the global economy. For more information visit https://www.paypal.com, https://about.pipl.com/ and https://investor.pipl.com/.

Paypal, Inc. (NMLS ID #: 910457) is licensed to deal with virtual business activities State in New York Fine service department.

About Coin

Crypto creates economic freedom by ensuring that people can participate fairly in economics and Coin (NASDAK: Coins) is on a mission to increase economic freedom for more than a billion people. We update the eternal financial system by providing a reliable platform that makes it easier for people and institutions to deal with crypto Assets, including trading, putting, storing, spending and fast, free global transfers. We also provide critical infrastructure for onchain activities and support for builders who share our vision that Orchain is new online. And together with crypto community, we are committed to responsible rules to give benefits crypto Available worldwide.

Contact: Media Relations, mediarelations@paypal.com

Source Paypal Holdings, Inc.