PayPal Restructures Business, Elevates Crypto into Independent Core Division, Aims to Strengthen PYUSD Stablecoin Ecosystem

Odaily Planet Daily News: Payment giant PayPal officially announced a strategic restructuring, streamlining its business into three core segments: Payment Checkout & PayPal, Consumer Financial Services & Venmo, and Cryptocurrency & Payment Services. Among these, Cryptocurrency & Payment Services has been established as a separate core business unit, integrating payment processing, platform capabilities, and crypto operations—including Braintree, small and medium merchant payment processing, value-added services, and the stablecoin PYUSD. Jeff Pomeroy has been appointed as the interim head of this segment. Analysts believe that incorporating cryptocurrency as an independent core operational unit indicates that PayPal is further strengthening its stablecoin PYUSD and digital asset payment ecosystem.