ChainCatcher news, Web3 payment infrastructure company MoonPay announced that Venmo users in the United States can now use MoonPay to purchase cryptocurrency. With this integration, users can buy tokens using their Venmo balance. This feature is now live and will soon be rolled out across the MoonPay partner network.

ChainCatcher news, Ethereum Name Service (ENS) announced that PayPal and Venmo have integrated ENS into their payment platforms. When sending cryptocurrency on PayPal or Venmo, simply enter the ENS domain name, and the platform will automatically resolve it to the wallet address. This feature will be initially available to users in the United States.

ChainCatcher news, PayPal announced that U.S. Celsius creditors can receive their allocated BTC and ETH through PayPal and Venmo. Creditors can log in to PayPal and Venmo and enter the unique claim code provided by Celsius to receive their allocations. The Celsius token distribution starts today and will continue over the next few weeks.

ChainCatcher news, payment giant PayPal's social payment platform Venmo will launch the PayPal USD stablecoin PYUSD. PayPal stated in a press release that its ERC-20 stablecoin will be available for purchase in "the coming weeks," and users will be able to buy PYUSD through PayPal, Venmo, or compatible external wallets and send it to others.Previous news, PYUSD is issued by Paxos and is backed by USD deposits, short-term government bonds, and similar cash equivalents. Currently, Coinbase has launched the PayPal USD stablecoin PYUSD.

ChainCatcher news, the encrypted payment infrastructure Meso announced the completion of a funding round, with the specific amount undisclosed, participated by Solana Ventures, Ribbit Capital, 6th Man Ventures, Phantom, and others.It is reported that Meso was co-founded by Ben Mills, former product lead of the mobile payment service Venmo, and Ali Aghareza, former engineering lead of the mobile payment company Braintree. They are building a fast, secure, and reliable way to transfer funds on-chain and off-chain, aiming to allow users to access banks with one click from their integrated DApps or wallets, enabling them to quickly deposit and withdraw funds. (source link)

ChainCatcher news, according to The Block, after nearly a year of allowing its users to make cryptocurrency transfers, PayPal will launch a similar feature for over 60 million Venmo customers in the United States. The company stated in a press release that starting next month, Venmo customers will be able to transfer to PayPal accounts as well as to external wallets and exchanges.In June last year, PayPal began allowing users to send Bitcoin, Ethereum, Bitcoin Cash, and Litecoin to external wallets. PayPal acquired Venmo in 2013. According to PayPal's recent financial report, Venmo processed $245.3 billion in fiat transactions in 2022.Additionally, a recent survey by the Pew Research Center found that 17% of Americans have invested in or traded cryptocurrency. (source link)