Detroit, paypal

Detroit Will Let You Pay Your Taxes in Bitcoin. You Probably Shouldn’t Do That
Detroit says it will soon become the largest U.S. city to accept crypto as a form of payment for city fees and taxes. Starting in 2025, the city will use PayPal to facilitate payments from residents opting to use Bitcoin, Ethereum, and other cryptocurrencies.
PayPal to Process Detroit’s New Crypto Tax Payment Program
Detroit has announced plans to accept cryptocurrency tax payments through PayPal starting in mid-2025, becoming the largest US city to adopt digital currency for municipal payments while implementing automatic conversion to US dollars to manage volatility risks.
Detroit to Accept Crypto for Tax Payments in Bid to Spur Tech Innovation, Fuel Economic Growth
Detroit residents will be able to pay with popular cryptos like Bitcoin and Ethereum through a PayPal-managed platform.
Detroit to become largest city in U.S. to accept cryptocurrency for taxes
By Joseph Buczek Click here for updates on this story DETROIT, Michigan (WWJ) — Beginning in 2025, Detroiters will have the option to pay their taxes and other city fees with cryptocurrency, the city announced Thursday,
Detroit Becomes the Largest U.S. City to Accept Cryptocurrency for Taxes—Federal Taxes In Spotlight
In a move that positions Detroit as a burgeoning hub for technological innovation, the city announced plans to accept cryptocurrency payments for taxes and fees starting in mid-2025. This initiative will make Detroit the largest U.
CoinTelegraph6h
PayPal USD links with LayerZero for transfers between Ethereum and Solana
PayPal’s United States dollar-pegged stablecoin, PayPal USD (PYUSD) has integrated with the cross-blockchain bridging protocol LayerZero to enable transfers between Ethereum and Solana. In a Nov ...
CCN on MSN11d
Paxos Launches USDG: New Dollar-Backed Stablecoin Joins Lineup With PayPal’s PUSD
Paxos launches USDG, a U.S. dollar-backed stablecoin in Singapore that aligns with MAS regulations. USDG is Paxos’ sixth ...
Hosted on MSN27d
PayPal’s PYUSD Stablecoin 40% Marketcap declines from $1 Billion Peak in August
Paypal’s token PYUSD, which is pegged to the dollar, has lost 40% of its market cap. Currently, the stablecoin’s market capitalization stands at $618 M. In the last days of August, the market ...
Benzinga.com19d
PayPal's Stablecoin Receives $1M Grant Program, Senior VP Sees Stablecoins As 'Killer App' For Crypto Payments
PayPal has expanded PYUSD to Solana for faster, lower-cost transactions, signaling its intent to broaden stablecoin adoption. What Happened: The program, which follows a successful pilot ...
Could Trump’s World Liberty stablecoin compete with Tether and USDC?
World Liberty Financial, Donald Trump’s crypto venture, aims to launch a US dollar-backed stablecoin, joining Tether and USDC ...
Investopedia18d
Is Stablecoin the Answer to All Cryptocurrency Problems?
PayPal is a money service provider that created a stablecoin called PayPalUSD (PYUSD). It is purportedly backed by dollars, U.S. Treasuries, and other cash equivalents. The Bottom Line Stablecoins ...
CoinTelegraph20d
Fireblocks launches $1M grant program to boost PYUSD developer adoption
Digital assets management platform Fireblocks has announced the launch of a $1 million grant program for companies building blockchain-based projects using the PayPal USD (PYUSD) stablecoin.
Solana Sees $173M Funding Surge In Q3 Amid Rising Institutional Interest From PayPal, Visa, Franklin Templeton
Solana's (CRYPTO: SOL) ecosystem showed notable financial and institutional growth in the year’s third quarter, securing $173 ...
Crowdfund Insider14d
BCB Group Now Offers “Stablecoin Payments on Steroids”
BCB Group has announced a "multi-currency solution leveraging stablecoins" designed to consolidate payments from different ...