• Menu
  • Skip to right header navigation
  • Skip to main content
  • Skip to primary sidebar

DigiBanker

Bringing you cutting-edge new technologies and disruptive financial innovations.

  • Home
  • Pricing
  • Features
    • Overview Of Features
    • Search
    • Favorites
  • Share!
  • Log In
  • Home
  • Pricing
  • Features
    • Overview Of Features
    • Search
    • Favorites
  • Share!
  • Log In

PayPal’s reward offers on stablecoin balances could force financial services super apps to explore offering interest-earning prepaid cards and wallets by combining yield with spendability in a closed-loop, scalable ecosystem

May 5, 2025 //  by Finnovate

PayPal and Circle, two U.S. firms that are trying to build what are called financial super apps, are making stablecoins a major piece of how users link to other functions. Both companies made recent deals to expand usage of their own stablecoins while easing access to other financial services. PayPal and Circle are both positioning themselves to capitalize on the increasing popularity of stablecoins as a means to power their super apps. PayPal recently expanded its partnership with cryptocurrency exchange Coinbase to power free conversions between PayPal’s PYUSD stablecoin and traditional money. Coinbase will offer PYUSD to PayPal’s merchant network, making it easier for the stablecoin to be used at the point of sale. It also can drive PayPal’s super app strategy, a long-standing initiative to enable a mobile app to shop at millions of merchants, make payments, access a debit card, use installment credit, pay bills, invest, make P2P transfers, receive paychecks and dozens of other services. The addition of the Xoom remittance and Venmo transfer app, PayPal’s PYUSD and support for stablecoin and cryptocurrency investments at Venmo and PayPal add to that super-app potential.

Read Article

Category: Companies and Organizations, PayPal

Previous Post: « Success of Pix and UPI is paving way for a three-stage framework for state-led fast payment systems that involves weighting pre-requisites, implementation and scaling and establishing engagement mechanisms and regulatory adjustments

Copyright © 2025 Finnovate Research · All Rights Reserved · Privacy Policy
Finnovate Research · Knyvett House · Watermans Business Park · The Causeway Staines · TW18 3BA · United Kingdom · About · Contact Us · Tel: +44-20-3070-0188

We use cookies to provide the best website experience for you. If you continue to use this site we will assume that you are happy with it.OkayPrivacy policy