Star Xu's First Comprehensive Public Briefing on the OKX Pay Vision: At TOKEN2049, OKX CEO Star Xu unveiled OKX Pay, a self-custodial, stablecoin-based payment solution now live in Singapore. Users can pay via QR codes, earn ~4% APY and 3–4% cashback. Built on OKX’s X Layer (Ethereum L2), the service aims to restore peer-to-peer payments and position stablecoins as global payment infrastructure. Expansion is planned for Brazil, Europe, and the U.S. Read morehttps://t.co/rfkXEx7NtQ ...

Market Competition - Venmo and Cash App are engaged in a high-stakes battle for peer-to-peer payment dominance [1][2] - Block's Cash App is striving to regain market share by launching new peer-to-peer features [2] - This competition sets up a direct rivalry between Venmo and Cash App in the digital payments sector [2] Venmo Performance - PayPal reported Venmo's strongest quarter in years, exceeding earnings and revenue expectations [1] - Venmo's payment volume experienced its fastest growth rate in three years [1] - Venmo's revenue growth reached a two-year high [1] - Venmo's momentum is driven by increased usage of debit cards, instant transfers, and online checkout [1] Cash App Strategy - Cash App is introducing its first major peer-to-peer feature in almost two years, allowing users to pull money for group payments even without the app [2] - This feature extends to Apple Pay and Google Pay users [2] - Block acknowledged a previous loss of focus on expanding Cash App's user base [2]

DeFi Hackathon - ETHGlobal 将在两天后启动一个 525,000 美元的在线 DeFi 黑客马拉松 [1] - 黑客马拉松关注 DeFi 领域的问题，寻求更好的解决方案 [1] Focus Areas - 一些参与者考虑解决跨链交换中最困难的部分 [1] - 其他参与者希望为全球受众重新构想点对点支付 [1]

Core Viewpoint - PayPal is expected to report flat to low single-digit revenue growth for Q1 2025, with non-GAAP earnings projected between $1.15 and $1.17 per share, indicating a year-over-year growth of 6-8% [1][2]. Financial Performance - The Zacks Consensus Estimate for Q1 revenues is $7.83 billion, reflecting a 1.64% increase from the previous year [1]. - The consensus for earnings is $1.15 per share, which is a decline of 17.86% compared to the same quarter last year [2]. Recent Developments - PayPal has consistently beaten the Zacks Consensus Estimate in the last four quarters, with an average surprise of 14.26% [3]. - The company’s strong portfolio and partnerships are expected to positively influence Q1 results, particularly through initiatives like Fastlane and Venmo monetization [4][5]. Strategic Partnerships - PayPal's partnerships with major companies such as Amazon, Shopify, Apple, Alphabet, and Meta Platforms have been significant growth drivers [5][6]. - The integration of PayPal and Venmo cards into Apple Wallet and the addition of PayPal as a processor for Shopify Payments enhance operational efficiency for business owners [6]. Value-Added Services - PayPal is expanding its value-added services, including FX-as-a-service and network tokens for automated billing, which are expected to improve transaction margins [8]. - The launch of PayPal Everywhere is driving increased debit card adoption and creating new spending categories [8]. Stock Performance - PayPal shares have declined by 23.8% year-to-date, underperforming the Zacks Business Service sector and the Internet Software Industry [9]. - The stock is considered cheap, with a forward Price/Sales ratio of 1.91X, significantly lower than the industry average of 6.33X [12]. Long-Term Growth Prospects - PayPal's portfolio strength and investments in branded checkout and P2P services are expected to drive total active accounts and transaction margins [16]. - The company anticipates a transaction margin growth of at least 5% in 2025 and high-single-digit growth by 2027, with long-term growth projected at over 10% [17].