PayPal Goes Global with 70 New Crypto Markets
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 17 March 2026
⏱️ 11 minutes
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| 0:00.0 | You can really start seeing the utility of applying a stable coin into use cases that really |
| 0:05.3 | matter to people. And so that's what gets us really excited at the end of the day. You're lowering |
| 0:09.9 | costs, you're enhancing speed or providing consumers and as well as businesses the ability |
| 0:15.0 | to hold, send, spend and earn. |
| 0:26.6 | Pudgy Penguins has become one of the breakout Web3 brands. A new Coin Desk Research Report examines how the project turned plush toys, collectibles, |
| 0:30.6 | and trading cards into a customer acquisition engine, generating millions in retail sales, |
| 0:35.6 | while onboarding mainstream users into its digital |
| 0:38.5 | ecosystem. |
| 0:39.6 | Discover how the brand is scaling towards a $120 million revenue target and a potential IPO in |
| 0:45.5 | 27 at coindesk.com slash research. |
| 0:53.5 | Come on. All right, PayPal's PYUSD stable coin is now available in 70 markets globally. |
| 1:09.4 | Joining us now is the payments company's senior |
| 1:11.5 | vice president and general manager of crypto, May Zabinet, to discuss what this unlocks for users |
| 1:17.3 | in the newly supported regions. May, welcome to the show. Thanks for being here. Thank you, Jen. |
| 1:22.3 | Great to be here. Well, first of all, 70 new markets. Talk to us about how you chose these 70 markets. I know |
| 1:29.6 | there's a lot to go through, but I'm sure there's a strategy behind it. Yeah, of course. So we're really |
| 1:35.0 | excited about this because, as you know, PayPal has a global presence overall for our wallets and |
| 1:41.5 | our own for consumers and merchants. And so what this allowed us to do is say, where is PayPal app and wallet available? |
| 1:49.0 | And how do we enhance the functionality and the experiences for consumers in these markets? |
| 1:55.0 | And then we think about obviously using PYUSD or stablecoin and blockchain technology in order to drive more connectivity |
| 2:03.1 | globally, and especially in markets where it makes sense, right? |
| 2:06.9 | Where cross-border transactions are expensive, where remittances can be anywhere from 5 to 10%, |
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