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PayPal Bolsters Stablecoin Push as Q2 Earnings Reflect Growing Crypto Role

Guavy AI Editorial Team
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PayPal highlighted its growth in stablecoins and AI-driven payment tools as part of its second-quarter strategy, which saw revenue reach $8.68 billion.

The company reported earnings of $1.26 per share on Tuesday, down from $1.30 per share in the same period last year but above analyst estimates of $1.28.

PayPal also recorded an $81 million non-GAAP adjustment related to gains and losses from strategic investments and crypto assets held for investment.

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