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Visa Launches Platform to Help Banks Issue Stablecoins Globally [BNN Bloomberg (Canada)]
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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US:NASDAQ Investor Relations: investor.paypal-corp.com
The product, which will be known as the Visa Tokenized Asset Platform or VTAP, will allow banks to “mint, burn and transfer” tokens. While still in the testing stage, the plan is to go live next year, according to a Thursday statement. Stablecoins are cryptocurrencies whose value is usually pegged to assets such as the dollar. They're used to conduct transactions and as a refuge from the often volatile price swings in tokens like Bitcoin and Ether. Spanish bank BBVA has been testing the platform through the year and expects a pilot for select customers on the Ethereum blockchain at some point next year. “Visa has been at the forefront of digital payments for nearly sixty years, and with the introduction of VTAP, we are once again setting the pace for the industry,” Vanessa Colella, global head of innovation and digital partnerships at Visa, said in the statement. Stablecoins and other fiat-backed tokens have gained in popularity, with PayPal Holdings Inc.'s PYUSD and other of
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- New tech set to disrupt payments sector [Yahoo! Finance][Yahoo! Finance]
- PayPal Completes Its First Business Transaction Using Stablecoin [BNN Bloomberg (Canada)][BNN Bloomberg]
- PayPal Holdings, Inc. (NASDAQ: PYPL) had its price target raised by analysts at BMO Capital Markets from $72.00 to $73.00. They now have a "market perform" rating on the stock.[MarketBeat]
- PayPal Stock: This Rally May Be Just The Beginning [Seeking Alpha][Seeking Alpha]
- PayPal Stock Is Up 20% in 2 Months. Here's Why the Stock Could Double From Here [Yahoo! Finance][Yahoo! Finance]
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- 9/3/24 - Form 4
- 7/30/24 - Form S-8
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