PayPal Holdings Inc., also known as PayPal, is a publicly owned company headquartered in the US. Founded in 1998, it employs approximately 30,970 individuals. Specializing in software development, the company functions as an American multinational financial technology provider, operating an online payments system that facilitates money transfers across a majority of countries that support such transactions.
On March 22, 2026, PayPal expanded its stablecoin, PYUSD, to over 70 markets globally, a development noted in Henri Arslanian's weekly newsletter, which also highlighted an agreement among U.S. senators regarding stablecoin yield. Earlier on March 22, PayPal Holdings Inc. informed investors of an April 20, 2026, deadline to participate in a class action lawsuit concerning purchases of PYPL common stock made between February 25, 2025, and February 2, 2026. This followed news from earlier the same day, March 22, that PayPal's PYUSD stablecoin achieved a circulating supply exceeding the $4 billion milestone, coinciding with its global expansion across 70 countries and an accelerating uptake in asset holder numbers.
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