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PayPal, Ernst & Young settle first corporate payment via PYUSD stablecoin
Fintech company PayPal has completed its first business payment using PayPal USD (PYUSD), its proprietary USD-pegged stablecoin. According to an Oct. 3 Bloomberg report, the payment was made to the Big Four accounting firm Ernst & Young through SAP’s digital currency hub.
PayPal Taps Native Stablecoin PYUSD for Business Payment to Accounting Giant Ernst & Young: Report
Payments giant PayPal has reportedly completed its first business transaction using the dollar-pegged stablecoin that it launched last year.
PayPal Completes First Business Payment Using $PYUSD, Highlighting Stablecoin's Commercial Utility
PayPal recently completed what is said to be the first business payment using stablecoin $PYUSD, marking a milestone in the stablecoin industry's move toward broader adoption via business payments integration.
PayPal (PYPL) Executes Its First Transaction with PYUSD Stablecoin
PayPal ($PYPL) has taken a significant step in digital payments by completing its first business transaction using its proprietary stablecoin,
PayPal completes first business payment using PYUSD stablecoin
In a significant milestone for digital currencies, PayPal Holdings Inc. (NASDAQ: PYPL) has successfully executed its first business payment using its proprietary stablecoin, PYUSD, launched in August 2023.
PayPal executes first business transaction with its stablecoin
Payments giant PayPal completed its first business payment using its stablecoin, PYUSD, on September 23. The company paid an invoice to Ernst & Young LLP, using SAP SE’s digital currency hub, which allows for instant payments 24/7.
People
10d
Mom Says Daughter, an Ernst & Young Employee, Died as a Result of 'Overwhelming Workload'
Anna Sebastian Perayil/LinkedIn Officials in India are looking into the death of an
Ernst
&
Young
employee, whose mom ...
Opinion
5d
Opinion
The death of an overworked young woman in India has focused attention on the ills of exploitative work cultures across the region
The death of an overworked young woman in India has focused attention on the ills of exploitative work cultures across the ...
2d
Ernst and Young granted approval for female recruitment, hiring drive to meet gender targets
One of Sydney’s biggest accounting firms is setting big gender hiring targets in a bid to level the playing field between ...
People
10d
Investigation Launched Into 26-Year-Old's Death During Her First Job After Mom Alleges 'Relentless' Work
Anna Sebastian Perayil had been with an
Ernst
&
Young
affiliate office for only four months and died in July, according to her family Ingrid Vasquez is a Digital
News
Writer at PEOPLE. She ...
Opinion
11d
Opinion
Death of Ernst & Young employee: Hustle culture and over-work thrive in India because we let it
In an economy where the markers of 'success' that defined our parents’ generation -- a stable job, a house, enough income to ...
12d
Nirmala Sitharaman talks of ‘stress management’ after young CA’s death sparks row: ‘What should families teach…’
In the wake of a young EY employee’s death, allegedly due to extreme work pressure, FM Sitharaman stirred up a controversy ...
Seattle Daily Journal of Commerce
1d
Lamb Weston
Holdings has appointed Norman Prestage to its board of directors. Prestage served as a partner at Ernst & Young until his ...
Accounting Today
2d
Young accountants: Choose your own adventure
New entrants to the profession face more decisions more often than ever in building their accounting careers. Expert weigh in ...
10d
Ernst & Young affiliate operated Pune office without state permit: Maharashtra labour department
The accounting firm’s partner organisation was given seven days to comply with the Shops and Establishments Act, which ...
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