PayPal has reported $486.4 billion in total payment volume for the second quarter on July 28, up 10% year over year. It also confirmed a reorganization that hands crypto its own division inside the company.<\/p>\n
The unit, Payment Services & Crypto, sits alongside Checkout Solutions & PayPal and Consumer Financial Services & Venmo. In the same presentation, PayPal listed stablecoins as one of three areas it is expanding into under an \u201cinnovating with discipline\u201d heading, next to agentic commerce and identity and biometrics.<\/p>\n
Further, revenue came<\/a> in at $8.68 billion, up 5%. Non-GAAP earnings were $1.38 per share against analyst estimates near $1.28. Transaction margin dollars rose 1% to $3.9 billion, and adjusted free cash flow reached $1.83 billion.\u00a0PayPal raised full-year transaction margin guidance to about $15.6 billion and lifted the low end of its EPS range to roughly $5.38.<\/p>\n Net losses on strategic investments and crypto assets held for investment came to $81 million in the quarter, added back in the reconciliation to non-GAAP net income.\u00a0The same line ran $74 million in the first quarter. PayPal\u2019s full-year 2025 GAAP earnings carried a positive impact of about $0.14 per share from that portfolio.<\/p>\n PYUSD supply sat near $2.8 billion in mid-July, down from more than $4 billion in March. The token went live<\/a> natively on Polygon on July 9 through issuer Paxos, and PayPal has said the stablecoin reaches 70 markets.<\/p>\n YouTube began<\/a> paying US-based creators in PYUSD in December. CryptoPotato has also reported on CoinGecko research showing PYUSD<\/a> and Societe Generale\u2019s EURCV taking little share while USDT and USDC hold 93.5% of fiat-backed stablecoin supply.<\/p>\n CEO Enrique Lores, who took the role on March 1 after Alex Chriss departed, is targeting at least $1.5 billion in gross run-rate savings over the next two to three years, with about $400 million reached by year-end.<\/p>\n The plan runs to 2029 across three drivers: a simplified structure, operational and portfolio optimization, and accelerated AI adoption, which PayPal expects to deliver around 40% of the savings.<\/p>\n The post PayPal Betting Big on Stablecoins After Disclosing Q2 Results<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" PayPal has reported $486.4 billion in total payment volume for the second quarter on July 28, up 10% year over year. It also confirmed a reorganization that hands crypto its own division inside the company. The unit, Payment Services & Crypto, sits alongside Checkout Solutions & PayPal and Consumer Financial Services & Venmo. In the […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-207929","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/207929"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=207929"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/207929\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=207929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=207929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=207929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}CEO Restructures After Rejecting Stripe<\/h2>\n