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PayPal reorganizes its business structure to include cryptocurrency as an independent core segment, aiming to strengthen the PYUSD stablecoin ecosystem.
Mars Finance News: Payment giant PayPal has officially announced a strategic restructuring, simplifying its business into three core segments: Payments and PayPal, Consumer Financial Services and Venmo, and Cryptocurrency and Payment Services. Among them, Cryptocurrency and Payment Services are listed as a separate core business division, 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 division. Analysts believe that independently incorporating cryptocurrency operations into the core operational structure indicates that PayPal is further strengthening its stablecoin PYUSD and digital asset payment ecosystem.