PayPal has announced a significant step in its global payments strategy by tapping Xoom to facilitate cross-border payments using its stablecoin, PayPal USD (PYUSD), as of November 19.

Xoom is an international money transfer service administered by PayPal that works from your phone or computer. You can send money to more than 70 countries and deposit to a recipient’s bank ...

PayPal’s $890 million acquisition of digital money transfer company Xoom reflects the company’s ongoing efforts to retain and build on its status as a mobile payments leader as competition in ...

Payments giant PayPal is looking to scale the use of its flagship stablecoin, PayPal USD (PYUSD), across its platform throughout 2025.

Xoom is an international money transfer service administered by PayPal that works from your phone or computer. You can send money to more than 70 countries and deposit to a recipient’s bank ...