Defi
PayPal stablecoin transfers move over $1B between subsidiaries in hours
The Cryptonomist·October 8, 2026·1 min read
PayPal says its stablecoin transfers can move $1 billion in intercompany dividend payments in two hours, cutting a process that normally took days to hours. The treasury pilot used PYUSD to transfer funds between the company's US and international subsidiaries across three continents, using dedicated blockchain wallets to settle transfers between subsidiaries.
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