PayPal expands stablecoin push as crypto assets factor into Q2 results

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PayPal reported second-quarter revenue of $8.68 billion, up from $8.29 billion a year earlier, while earnings per share came in at $1.26, below last year’s $1.30 and the $1.28 analyst consensus. The company recorded an $81 million non-GAAP adjustment related to gains and losses from strategic investments and crypto assets held for investment. PayPal said it is expanding into agentic payments, stablecoins, identity and biometric technologies by leveraging its payments network, risk infrastructure and trust capabilities. The PayPal World platform facilitated approximately $200 million in total payment volume between Venmo and PayPal.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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