Odaily News According to official news, Coinbase announced a partnership with PayPal to jointly promote the widespread use of stablecoins. By providing PYUSD custody, distribution and access services, Coinbase will continue to expand the future of payments. As part of this plan, Coinbase will provide retail and institutional customers with zero-fee USD-PYUSD exchange services. Coinbase aims to use its leading infrastructure platform to expand stablecoin support to PayPal's largest merchant partners, thereby promoting the wider adoption of faster and more efficient financial services. Coinbase will also work with PayPal to explore new on-chain use cases for PYUSD.