Coinbase Removes Fees for PayPal’s PYUSD Transactions

Coinbase, the largest publicly traded cryptocurrency exchange, has announced a strategic partnership with PayPal to eliminate transaction fees on PYUSD payments within their platform. This move aims to encourage wider adoption of stablecoins in global financial systems and enhance the utility of PYUSD as a payment tool for everyday transactions. The partnership also enables users to redeem PYUSD into US dollars.