The post PayPal Moves to Launch Its First U.S. Bank appeared first on Coinpedia Fintech News PayPal submitted applications to the FDIC and Utah regulators for anThe post PayPal Moves to Launch Its First U.S. Bank appeared first on Coinpedia Fintech News PayPal submitted applications to the FDIC and Utah regulators for an
PayPal Moves to Launch Its First U.S. Bank
The post PayPal Moves to Launch Its First U.S. Bank appeared first on Coinpedia Fintech News
PayPal submitted applications to the FDIC and Utah regulators for an industrial loan company charter called PayPal Bank. The goal is to expand small business lending, building on over $30 billion provided to 420,000 accounts since 2013, with interest-bearing savings and FDIC insurance if approved. CEO Alex Chriss aims to reduce third-party reliance and fuel US economic growth under lighter regulations.
Market Opportunity
Union Price(U)
$0.003375
$0.003375$0.003375
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Solana Mobile launches builder grants program with up to $10K per team
The post Solana Mobile launches builder grants program with up to $10K per team appeared on BitcoinEthereumNews.com. Key Takeaways Solana Mobile launched a new builder grants program, offering up to $10,000 per team for mobile-focused dApps. The program is in partnership with Colosseum and runs alongside the Solana Cypherpunk Hackathon, from September 25 to October 30, 2025. Solana Mobile today launched a builder grants program offering up to $10,000 per team for mobile-focused decentralized applications, partnering with Colosseum to support developers creating mobile-optimized dApps. The program runs alongside Colosseum’s ongoing Solana Cypherpunk Hackathon, which extends from September 25 to October 30, 2025. Teams must indicate mobile focus in their hackathon submissions to qualify for evaluation. Selected teams receive $10,000 grants along with marketing support and launch assistance for applications that integrate or optimize for mobile devices. Grants are awarded after submission to teams developing dApps for the Solana dApp Store. Colosseum has allocated over $2.5 million in pre-seed funding to winners of the current Cypherpunk Hackathon, which emphasizes tracks including consumer apps and infrastructure, with prizes from ecosystem partners. Source: https://cryptobriefing.com/solana-mobile-builder-grants-program-launched/
Share
BitcoinEthereumNews2025/09/26 04:11
U.S. Banks Near Stablecoin Issuance Under FDIC Genius Act Plan
The post U.S. Banks Near Stablecoin Issuance Under FDIC Genius Act Plan appeared on BitcoinEthereumNews.com. U.S. banks could soon begin applying to issue payment
Share
BitcoinEthereumNews2025/12/17 02:55
Turmoil Strikes Theta Labs with New Legal Allegations
Cryptocurrency often sees its fair share of lawsuits, with many concluding without much ado. However, a fresh legal battle has surfaced involving a well-known altcoin
Share
Coinstats2025/12/17 03:06