Visa (V) Q2 2025 Earnings Call April 29, 2025 05:00 PM ET Company Participants Jennifer Como - Senior Vice President & Global Head of Investor RelationsRyan McInerney - CEOChris Suh - CFOJames Faucette - Managing DirectorSanjay Sakhrani - Managing DirectorWill Nance - Vice PresidentTimothy Chiodo - Managing DirectorDarrin Peller - Managing DirectorDan Perlin - Managing DirectorAdam Frisch - Senior Managing Director - EquitiesRamsey El-Assal - Managing Director Conference Call Participants Tien-tsin Huang - ...

Core Insights - Coinbase is eliminating fees for purchasing PayPal's stablecoin, PayPal USD (PYUSD), to enhance its adoption and increase on-chain payment opportunities for users [1][2] - PYUSD has a market capitalization of approximately $730 million, representing less than 1% of the dollar-pegged stablecoin market, which is dominated by Tether's USDT and Circle's USDC with market shares of 66.5% and 28.3% respectively [2] - PayPal and Coinbase are collaborating on stablecoin-based solutions for global money management and commerce, aiming to drive further utility and adoption of digital currencies [3][4] Industry Context - The competition for payment stablecoins is intensifying, particularly with the anticipation of new crypto legislation focused on stablecoins in the third quarter [5] - Stablecoins are increasingly appealing to institutions for transferring value globally in a cost-effective manner outside traditional financial systems [5] - Circle has launched a payments and remittance network targeting financial institutions, posing a challenge to PayPal's business [6] Company Strategies - Coinbase aims to build a global economy based on cryptocurrency, diversifying its revenue streams beyond crypto trading, and has a revenue-sharing agreement with Circle for USDC [8] - The company is focused on integrating crypto payments across its product suite and establishing its Base network as a leading platform for Ethereum-compatible applications [9] - Coinbase is enhancing its platform by allowing users to redeem PYUSD for dollars directly, improving accessibility compared to previous redemption methods [10] Adoption Initiatives - PayPal has introduced a 3.7% annual rewards rate on PYUSD balances to incentivize adoption of the stablecoin [11]

NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- PayPal Holdings Inc.'s recent launch of its PYUSD stablecoin initiative shows that the strategy Rezolve Ai (NASDAQ:RZLV) has been pioneering in cooperation with Tether – one of the largest companies in the digital asset industry – is gaining traction throughout the market. As PayPal moves into crypto payments, Rezolve Ai's believes its foresight in enabling stablecoin transactions for everyday commerce is further validated, reinforcing its position as the leader i ...

Rezolve Ai’s Early Adoption of Stablecoin Payments Validated as PayPal Enters the Space with PYUSDNEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- PayPal Holdings Inc.’s recent launch of its PYUSD stablecoin initiative shows that the strategy Rezolve Ai (NASDAQ: RZLV) has been pioneering in cooperation with Tether – one of the largest companies in the digital asset industry – is gaining traction throughout the market. As PayPal moves into crypto payments, Rezolve Ai’s believes its foresight in enabling stablecoi ...