YouTube enables PYUSD stablecoin payouts for US creators: Report
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Fortune reported that YouTube is allowing creators to be paid in PayPal's stablecoin, a potential boon for adoption due to the platform's size.
Video-sharing giant YouTube has reportedly enabled US-based creators to accept payouts in PayPal’s stablecoin, PYUSD.
Fortune reported on Thursday that PayPal’s head of crypto, May Zabaneh, said the feature is live, but only for users in the US. The firm integrated the ability for recipients to accept payments in PYUSD earlier this year, with YouTube ultimately opting to open that choice up to its creators.
“The beauty of what we’ve built is that YouTube doesn’t have to touch crypto and so we can help take away that complexity,” she said.
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