PayPal and Coinbase Waive PYUSD Fees to Boost Stablecoin Adoption

PayPal and Coinbase have eliminated transaction fees for PayPal USD (PYUSD) transactions, aiming to drive wider adoption of stablecoins globally. This move is expected to increase the use of stablecoins in the cryptocurrency and digital payments space. The fee waiver seeks to boost the utility of PYUSD, potentially influencing both the cryptocurrency market and daily digital transactions by making it easier for users and merchants to adopt this form of currency. Experts believe this initiative could mark a new era of stability in cryptocurrencies, as it removes financial barriers to widespread adoption.