PayPal’s PYUSD stablecoin is receiving a major adoption boost as YouTube enabled PYUSD payouts for US-based creators.
The feature is already active, according to PayPal’s head of crypto, May Zabaneh, who confirmed the arrangement to Fortune and said it relies on PayPal’s existing payouts system. YouTube has long used ...
Key takeawaysYouTube isn’t changing how creators earn — only how they get paid.The stablecoin payout runs through PayPal’s existing payout infrastructure, with PayPal converting dollars into PYUSD.The ...
Big Tech continues to tiptoe into crypto. The latest example is a move by YouTube to let creators on the video platform choose to receive payouts in PayPal’s stablecoin. The head of crypto at PayPal, ...
Big Tech has taken its first step into the world of Web 3.0 and what most it is today with YouTube adding PayPal’s stablecoin PYUSD as a primary method of payment for its many content creators.
In June, China banned and excised videos of sound effects while claiming to cleanse its internet of pornography. YouTube had already demonetized the genre in a sex panic; now PayPal is banning people ...
Big Tech continues to tiptoe into crypto. The latest example is a move by YouTube to let creators on the video platform choose to receive payouts in PayPal’s stablecoin. The head of crypto at PayPal, ...