Latest News

Europol and tech firms take down Tycoon 2FA bypass service

In Pictures: Securing AI agents and NHIs - Saviynt Melbourne roundtable

Hollard Insurance pilots AI in claims division

Health and Aged Care CISO retires

Oracle plans thousands of job cuts

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

Security for smart devices – time to step forward because there's nowhere to hide

Promoted Content Security for smart devices – time to step forward because there's nowhere to hide

How digital pharmacy platforms are redefining healthcare in Australia

Promoted Content How digital pharmacy platforms are redefining healthcare in Australia

From Faster Coding to Accelerated Innovation Cycles: How Intelligent Orchestration Unlocks AI's Promise

Promoted Content From Faster Coding to Accelerated Innovation Cycles: How Intelligent Orchestration Unlocks AI's Promise

AI Goals for 2026: What Every Organisation Should Prioritise

Promoted Content AI Goals for 2026: What Every Organisation Should Prioritise

Sponsored Whitepapers

5 reasons to adopt a mobile first security strategy

5 reasons to adopt a mobile first security strategy

Uncomplicate IT Service Delivery with AI Agents

Uncomplicate IT Service Delivery with AI Agents

Getting ahead of the tech: what’s next for Australian organisations in digital transformation

Getting ahead of the tech: what’s next for Australian organisations in digital transformation

Fintech compliance made fast and secure

Fintech compliance made fast and secure

How to evaluate SIEM solutions Safeguarding your future Get a demo Download guide

How to evaluate SIEM solutions Safeguarding your future Get a demo Download guide

Events

Most Read Articles

Police Bank CIO exits

Police Bank CIO exits

AFCA brings in ex-Beyond Bank CIO

AFCA brings in ex-Beyond Bank CIO

How CBA unlocked 90 percent of its customer and transaction data

How CBA unlocked 90 percent of its customer and transaction data

CBA finds its first chief AI officer

CBA finds its first chief AI officer

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