Head of PayPal USD $pyUSD ecosystem - views are my own
New York, USA
Joined May 2010
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solana:2b1kV6DkPAnxd5ixfnxCpjxmKwqjjaYmCZfHsFu24GXo is increasingly being used as a foundational stablecoin for traditional finance settlement and backing. Excited to partner with @StateStreetIM and @GalaxyDigital
coindesk.com/markets/2025/12…
David Weber retweeted
1/ pyUSD vaults are live on the🪶Feather interface on @SeiNetwork - curated by @Featherlend and @Y10kCapital and risk ops by @Rockaway_X
Powered by @Morpho🦋
Earn additional stablecoin rewards via @merkl_xyz
SEI provides sub-second finality, which means nearly instant settlement for pyUSD lending, borrowing, and liquidations.
Liquidity syndication via @yield_network
To access this opportunity, bridge in pyUSD using @StargateFinance to SEI.
David Weber retweeted
Cross-border payments don’t have to be painful.
PYUSD is rolling out to the PayPal wallet across 70 markets — enabling faster settlements, lower costs, and built for everyday global commerce.
Learn more: bit.ly/4uwNwCs
After a ton of relentless work, finally able to expand PYUSD support to some of the highest users of stablecoins. WIth this expansion, users in 70 more markets will get free on/off ramps from local fiat into $PYUSD and 4% rewards on their PYUSD holdings.
theblock.co/post/393911/payp…
David Weber retweeted
USDAI is hosting a happy hour during @NVIDIAGTC, in partnership with @PayPal.
Come meet those building models and applications, and those financing chips and infra.
Monday, March 16 | 4 - 7 PM PDT
Downtown San Jose
Freight is a 3 trillion dollar industry, but still operating in the stone age when it comes to payments. With $pyUSD, we're looking to give a 30% raise to all the truckers and carriers that want to use @truckcoinswap and @PayPal
PayPal USD tapped to expand TCS Blockchain's onchain trade financing for trucking industry theblock.co/post/392060/payp…
David Weber retweeted
🚨 JUST IN: MoonPay, M0 and PayPal launch PYUSDx, enabling developers to create app-specific stablecoins backed by $PYUSD.
We're famous!
A major milestone for USD1. We are now larger than PayPal’s digital dollar (PYUSD) and growing into one of the most significant digital dollar platforms in the world.
This isn’t just about crypto. It’s about building the future of global money.
The shift is happening.
@worldlibertyfi
Excited to work with the @USDai_Official team! More to come here
Not to mention we’re still offering 4% rewards while others (Coinbase) are paywalling
I hear precious little about @PayPal in the stablecoin discussion and yet they are rapidly putting together the single best product in the space.
Crypto is focused on Tether, Circle, Stripe, etc. and yet here is a company just actually doing the thing!
David Weber retweeted
#PYUSD is scaling fast. It's the largest USD stablecoin to get federal approval — GENIUS-ready.
Paxos has received approval to convert its NYDFS limited purpose trust charter into a national trust charter overseen by the U.S. Office of the Comptroller of the Currency.
Once complete, all US-based activity will be subject to OCC supervision.
paxos.com/newsroom/occ-appro…
$PYUSD is now the largest federally regulated stablecoin with proper OCC oversight, and aligning to GENIUS rules. @PayPal is excited to work with institutions exploring regulated stablecoins.
paxos.com/newsroom/occ-appro…
David Weber retweeted
🔥 NOW: YouTube lets U.S. creators receive payouts in PayPal's PYUSD stablecoin as the platform integrates crypto payment options, per Fortune.
$PYUSD is increasingly being used as a reserve asset because of the @PayPal brand and trust that stand behind it. Really excited to partner with @StateStreet here!
coindesk.com/markets/2025/12…
Also not to mention $PYUSD is bankruptcy remote. It’s plastered all over our issuers website and our PRs
Putting aside the gross misrepresentation here of the regulatory requirement to hold cash and cashlike assets (short-term US govt debt, among the safest and most liquid assets out there) as "invest[ing] the money in financial markets, often by buying bonds" --
I find it the height of irony that the NYT says that bank deposits are better than stablecoins because they share *some* (~.01%) interest with depositors, and yet any argument that, perhaps, stablecoin issuers should be permitted to pass on interest to tokenholders is taboo. Can't have it both ways here guys.
