Strategic goals & impact

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Stablecoins saw $35 trillion in total transfers and over 30 million active wallets in 2024, reflecting a sharp rise in global usage and setting the stage for PYUSD’s expansion
Coinbase Institutional described the partnership as a key step toward building infrastructure for stablecoin-enabled commerce at scale
PayPal and Coinbase described PYUSD as a key stablecoin they plan to integrate into payment, DeFi, and cross-border settlement infrastructure
Coinbase and PayPal stated they will support developers building PYUSD-enabled DeFi and Web3 applications through collaborative exploration and infrastructure integration

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