Coinbase and PayPal's PYUSD deal On April 24, Coinbase and PayPal said they had deepened their partnership to increase the adoption of the PYUSD stablecoin.

Coinbase will offer 1:1 PYUSD to USD conversions with no platform fees as part of this extended agreement. Users can buy, sell, and redeem the stablecoin seamlessly on Coinbase's ecosystem.