Coinbase and PayPal Strengthen Partnership to Drive PYUSD Adoption

Coinbase has announced an expanded collaboration with PayPal to boost the adoption of PayPal USD (PYUSD), a stablecoin pegged 1:1 to the U.S. dollar. The partnership will enable seamless conversions between PYUSD and USD on Coinbase’s platforms, with no conversion fees for users. This strategic initiative aims to further integrate PYUSD into the broader cryptocurrency ecosystem.

Coinbase Joins Forces with PayPal to Boost PYUSD Adoption

Coinbase has deepened its collaboration with PayPal to enhance the adoption of PayPal USD (PYUSD), a stablecoin pegged 1:1 to the U.S. dollar. The exchange will facilitate seamless conversions between PYUSD and USD across its trading and custody platforms, eliminating conversion fees for all users. This strategic move aims to integrate PYUSD more broadly into the cryptocurrency ecosystem.

Bitcoin-Linked Equities Show Breakout Potential as COIN and MSTR Test Key Levels

MicroStrategy (MSTR) and Coinbase (COIN) are emerging as bellwethers for crypto-linked equities, with both stocks showing technical setups suggesting potential upside breaks. These pioneers in Bitcoin-correlated trading now face decisive chart tests that could signal their next major moves.

Coinbase’s daily chart reveals a multi-year triangle pattern recently punctuated by a failed M-top breakout. The subsequent pullback precisely met the measured move target at the triangle’s lower boundary—a textbook technical reaction. Current price action now challenges descending resistance NEAR $280, a level that previously capped rallies in Q1 2024.