TechFlow, April 24 — According to an official announcement from Coinbase, Coinbase has announced an expanded partnership with PayPal to advance the adoption, distribution, and use of PayPal USD (PYUSD) stablecoin.
As per the announcement, Coinbase will support 1:1 exchange between PYUSD and the U.S. dollar on its custody and trading platforms, offering zero-fee conversion services to both retail and institutional customers. The two companies will also explore new on-chain use cases for PYUSD and plan to extend stablecoin support for PayPal’s large merchant partners.




