Latest News

ACMA secures pledges from major online retailers to block "dodgy" mobile sales

Vic energy department seeks CIO

Defence gives $84m IT support contract to Unisys

NBN Co puts a longer predictive lens on its digital twin ambitions

Cochlear pilots voice-to-text Salesforce integration for lead management

PayPal to launch US dollar-backed stablecoin

By Jaiveer Shekhawat

Aug 8 2023 6:43AM

Major fintech embraces digital currency.

PayPal to launch US dollar-backed stablecoin

PayPal has launched a US dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers. While stablecoins - crypto tokens whose monetary value is pegged to a stable asset to protect from wild volatility - have been around for ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.

© 2019 Thomson Reuters. Click for Restrictions.

Tags:

financial services paypal

Partner Content

Empowering Sustainability: Schneider Electric's Commitment to Driving Customer Success

Partner Content Empowering Sustainability: Schneider Electric's Commitment to Driving Customer Success

Machine identity a key priority for organisations’ security strategies: CyberArk

Partner Content Machine identity a key priority for organisations’ security strategies: CyberArk

Cyber Engineering launches at ctrl:cyber with former Shelde founders

Partner Content Cyber Engineering launches at ctrl:cyber with former Shelde founders

Private 5G powers data-driven mining

Partner Content Private 5G powers data-driven mining

Sponsored Whitepapers

The cloud tipping point

The cloud tipping point

How AI will deliver real business value

How AI will deliver real business value

The multicloud imperative

The multicloud imperative

Your multicloud advantage

Your multicloud advantage

The business value of Oracle Autonomous Database

The business value of Oracle Autonomous Database

Events

iTnews Executive Retreat - Security Leaders Edition

Most Read Articles

CBA runs early test of "frontier" AWS AI agent

CBA runs early test of "frontier" AWS AI agent

CBA wants agents to initiate application modernisation

CBA wants agents to initiate application modernisation

Macquarie Group unveils Dexd, its "developer experience daemon"

Macquarie Group unveils Dexd, its "developer experience daemon"

ASX outage caused by security software upgrade

ASX outage caused by security software upgrade

Sydney-based AI-cloud waste startup raises $3m

Sydney-based AI-cloud waste startup raises $3m

Brennan uses NiCE to modernise its contact centre

Brennan uses NiCE to modernise its contact centre

Impact Awards: Tecala slashes customer response times for fintech IQumulate

Impact Awards: Tecala slashes customer response times for fintech IQumulate

Interactive introduces private cloud platform

Interactive introduces private cloud platform

Digital61 expands cybersecurity portfolio

Digital61 expands cybersecurity portfolio

Most popular tech stories