PayPal and Coinbase Expand Partnership to Innovate PYUSD Stablecoin Solutions with No Fees

PayPal and Coinbase have expanded their partnership to drive innovation in stablecoin-based solutions, focusing on the adoption and utilization of PayPal USD (PYUSD).

Coinbase users can now buy and sell PYUSD with no fees, and Coinbase will support 1:1 PYUSD-USD conversions through its custody and trading platforms for both retail and institutional clients.

The collaboration, involving Coinbase CEO Brian Armstrong, aims to create more seamless ways for Coinbase's users to access PYUSD and to explore future use cases, advancing stablecoin payments.

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