Benzinga verify icon

8h
...

YouTube To Roll Out PayPal Stablecoin Payout Option For US Creators – PayPal Holdings (NASDAQ:PYPL)

YouTube, owned by Alphabet (NASDAQ:GOOGL), will now allow U.S. creators to receive their payouts in stablecoins.

What Happened: Creators can opt to receive earnings in PayPal’s (CRYPTO: PYUSD) stablecoin, PayPal Holdings Inc (NASDAQ:PYPL) head of crypto May Zabaneh confirmed.

The feature uses PayPal’s existing payouts infrastructure, meaning YouTube itself never handles any crypto directly.

The move comes as Big Tech increasingly embraces stablecoins amid clearer regulation and rising mainstream adoption, The Fortune reported.

PayPal first enabled payouts in PYUSD for general recipients early in Q3.

Soon after, YouTube adopted the same capability for creators earning revenue on the…

Read more on Benzinga

4K Reads