PayPal stablecoin strategy expands after $486.4B quarter

cryptonews08-03

PayPal reported its second-quarter results on July 28, saying total payment volume reached $486.4 billion for the three months ended June 30. Summary PayPal processed $486.4 billion in second-...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPayPal stablecoin strategy expands after $486.4B quarter\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-03 14:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/paypal-stablecoin-strategy-expands-after-486-4b-quarter/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PayPal reported its second-quarter results on July 28, saying total payment volume reached $486.4 billion for the three months ended June 30. \n\n\nSummary\n\n\n\nPayPal processed $486.4 billion in second-...</p>\n\n<a href=\"https://crypto.news/paypal-stablecoin-strategy-expands-after-486-4b-quarter/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4533","symbol_name":"AQR资本管理(全球第二大对冲基金)","start_time":0,"source_url":"https://crypto.news/paypal-stablecoin-strategy-expands-after-486-4b-quarter/","article_id":"2656323589","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/paypal-stablecoin-strategy-expands-after-486-4b-quarter/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2656323589","pubTimestamp":1785736809,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"PayPal reported its second-quarter results on July 28, saying total payment volume reached $486.4 billion for the three months ended June 30.PayPal processed $486.4 billion in second-quarter payment volume, rising 10% from the prior year period.The company created Payment Services & Crypto, grouping PYUSD with Braintree and merchant processing operations.PYUSD supply stood near $2.7 billion, below the more than $4 billion recorded in March.That was up 10% from a year earlier, or 9% on a currency-neutral basis. The company also placed stablecoins inside its formal innovation plan and confirmed a three-business structure that includes Payment Services & Crypto.The organizational shift gives crypto a clearer place inside PayPal, but it is not a stand-alone digital asset business. The division also includes Braintree, small-business processing and value-added merchant services. PayPal said the model is designed to combine those capabilities with crypto products, including PayPal USD.PayPal","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","BK4566":"资本集团","PYPG":"2倍做多PYPL ETF- Leverage Shares","BK4534":"瑞士信贷持仓","BK4106":"数据处理与外包服务","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","BK4535":"淡马锡持仓","LU0106831901.USD":"贝莱德世界金融基金A2","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","PYPY":"PYPL期权收益策略ETF-YieldMax","PYPL":"PayPal","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","BK4588":"碎股","STBQ":"Amplify Stablecoin Technology ETF","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","BK4227":"交易和支付处理服务","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","BK4598":"佩洛西持仓","BK4551":"寇图资本持仓","IPAY":"移动支付ETF-PureFunds","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU1861217088.USD":"贝莱德金融科技A2","BK4524":"宅经济概念","BK4581":"高盛持仓","FINX":"Global X FinTech ETF","BK4554":"元宇宙及AR概念","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4585":"ETF&股票定投概念","BK4527":"明星科技股","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC"},"translate_title":"PayPal稳定币策略在季度达到 486.4B 美元后扩大","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PYPY":0.6,"STBQ":0.6,"PYPG":0.6,"PYPL":1.99,"FINX":0.6,"IPAY":0.6},"content_text":"PayPal reported its second-quarter results on July 28, saying total payment volume reached $486.4 billion for the three months ended June 30. \n\n\nSummary\n\n\n\nPayPal processed $486.4 billion in second-quarter payment volume, rising 10% from the prior year period.\nThe company created Payment Services & Crypto, grouping PYUSD with Braintree and merchant processing operations.\nPYUSD supply stood near $2.7 billion, below the more than $4 billion recorded in March.\n\n\n\nThat was up 10% from a year earlier, or 9% on a currency-neutral basis. The company also placed stablecoins inside its formal innovation plan and confirmed a three-business structure that includes Payment Services & Crypto.\nThe organizational shift gives crypto a clearer place inside PayPal, but it is not a stand-alone digital asset business. The division also includes Braintree, small-business processing and value-added merchant services. PayPal said the model is designed to combine those capabilities with crypto products, including PayPal USD.\nPayPal’s Q2 results give the crypto unit a larger base\nNet revenue rose 5% to $8.68 billion, while transaction margin dollars increased 1% to $3.9 billion. Adjusted free cash flow reached $1.83 billion. However, GAAP net income fell 12% to $1.10 billion, and GAAP operating margin contracted to 16.4% from 18.1% a year earlier.\nNon-GAAP earnings were $1.38 per share, down 1% year over year. PayPal raised its full-year non-GAAP earnings guidance to about $5.38 per share and lifted its transaction margin dollar outlook to roughly $15.6 billion. Shares gained about 4% on earnings day as investors reacted to the results and updated guidance.\nThe company also recorded $81 million in net losses on strategic investments and crypto assets held for investment. That figure combines two categories. PayPal did not disclose how much came from crypto alone, so the entire $81 million should not be presented as a digital asset loss.\n\nLATEST: ⚡️ PayPal says it is expanding into stablecoins, agentic payments, and biometric ID tools, while reporting an $81M crypto-related earnings adjustment for Q2. pic.twitter.com/am2bBhl8IQ— CoinMarketCap (@CoinMarketCap) July 29, 2026\n\nPayPal said the combined portfolio reduced GAAP earnings by about $0.07 per share during the quarter. It excludes those gains and losses from non-GAAP results because it says it does not actively trade the investments or use them to fund normal operations.\nPayPal stablecoin strategy now sits inside a dedicated division\nPayPal’s earnings presentation listed stablecoins alongside agentic commerce and identity and biometrics under its “innovating with discipline” plan. The presentation said the company intends to use its consumer and merchant network, risk systems and trust infrastructure across those areas.\nDuring the earnings call, CEO Enrique Lores said PayPal plans to launch more merchant products supported by PYUSD and agentic payments over time. He said those capabilities “can support future growth,” making the statement a company forecast rather than a confirmed financial result.\nPayPal formally announced the three-business model in April. Payment Services & Crypto now sits alongside Checkout Solutions & PayPal and Consumer Financial Services & Venmo. The crypto division combines PYUSD with Braintree, merchant processing and other platform services.\nHowever, PayPal has not started reporting separate revenue, profit or transaction volume for the crypto portion of the division. The new structure shows a larger strategic role for stablecoins, but the company has not yet provided figures showing how much PYUSD contributes to its financial performance.\nPYUSD expansion continues despite lower on-chain supply\nPYUSD’s circulating supply stood near $2.7 billion in early August, according to DefiLlama. That was below the more than $4 billion recorded in March and about 4.9% lower over the previous month. The decline shows that wider distribution has not produced uninterrupted supply growth.\nOn-chain supply is not the same as PayPal revenue or customer adoption. Tokens can be minted or redeemed as demand changes across exchanges, wallets and decentralized finance platforms. Therefore, the lower supply does not establish that PayPal’s stablecoin business is losing money.\nPayPal expanded PYUSD access to 70 markets in March. Eligible users can buy, hold, send and receive the stablecoin through PayPal, while some can earn rewards. Paxos issues PYUSD and publishes monthly reserve reports and third-party attestations.\nAs crypto.news previously reported, PYUSD also became native on Polygon on July 9 through the network’s Open Money Stack. The integration combines wallets, fiat ramps, compliance tools and blockchain settlement for businesses seeking cross-border payment and payout services.\nIn related coverage, crypto.news reported that PayPal and MoonPay launched PYUSDx, allowing developers to create application-specific stablecoins backed by PYUSD. The platform could broaden PYUSD’s role beyond PayPal’s consumer wallet, although adoption remains unconfirmed.\nWhat comes next for PayPal’s crypto push\nPayPal expects to deliver “at least $1.5 billion” in gross annualized cost savings over the next two to three years, including about $400 million by year-end. Those targets are forward-looking and depend on the company completing its reorganization, technology upgrades and spending changes.\nThe next measurable checkpoints will be PayPal’s third-quarter results, any separate disclosure on Payment Services & Crypto, and monthly PYUSD reserve and supply data. New merchant integrations would also show whether the stablecoin is gaining use beyond trading and incentive-driven decentralized finance activity.\nThe U.S. angle centers on whether a large public payments company can turn a regulated dollar token into a merchant service. Paxos issues PYUSD under a national trust charter supervised by the Office of the Comptroller of the Currency. That structure may support institutional acceptance, but regulatory status alone does not guarantee transaction growth.\nFor now, PayPal has made stablecoins more visible in its operating model while its core payments network continues to grow. The company still needs to show how PYUSD contributes to revenue, merchant retention or transaction margins before investors can measure the financial value of the strategy.\n\n\n\n\n\n                Read more:\n            \n\n                Prediction markets hit record $50.6B July volume","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2656323589","isCrawlerRequest":true}