PayPal Holdings (NasdaqGS:PYPL) Expands Partnership With Coinbase To Enhance PYUSD Adoption
Recent expansion efforts highlight the partnership between PayPal Holdings (NasdaqGS:PYPL) and Coinbase Global to advance the adoption of the PayPal USD stablecoin, PYUSD, which has likely added positive sentiment to PayPal’s shares. Over the past week, PayPal’s stock price rose 3.7%, tracking closely with the tech-heavy Nasdaq Composite, which gained 2.3%. Meanwhile, the overall market exhibited positive movement, largely buoyed by strong earnings reports and positive macroeconomic...