Payments giant PayPal has reportedly completed its first business transaction using the dollar-pegged stablecoin that it launched last year.

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’s successful business payment using PYUSD demonstrates the growing practicality and acceptance of stablecoins in commercial transactions. Fintech giants like Robinhood and Revolut are also

PayPal ($PYPL) has taken a significant step in digital payments by completing its first business transaction using its proprietary stablecoin,

PayPal completed its first corporate payment using its PYUSD stablecoin to Ernst & Young, marking a significant step in the adoption of digital currencies for business transactions.

PayPal completes its first-ever business payment using its PYUSD stablecoin, paying Ernst & Young via SAP’s digital currency hub.

OKX has added support for PayPal's stablecoin PYUSD to be traded alongside USDT and USDC starting Thursday, October 3.

PayPal made its first-ever business payment with PYUSD, its stablecoin, by paying Ernst & Young through SAP’s digital currency platform. Stablecoin payments are speeding up cross-border business transactions, cutting out delays from third-party intermediaries.

PayPal Holdings Inc. completed its first business payment using its proprietary stablecoin as a way to demonstrate how digital currencies can be used to improve often-clunky commercial transactions.