PayPal reorganizes its business structure, incorporates encryption into its independent core plate, and intends to strengthen the PYUSD stable coin ecosystem

Payment giant PayPal officially announced the launch of a strategic reorganization, simplifying its business into three core segments: payment checkout and PayPal, consumer financial services and Venmo, and cryptocurrency and payment services. Among them, cryptocurrency and payment services are separately listed as core business units, integrating payment processing, platform capabilities and encryption services in a unified manner, including Braintree, payment processing for small and medium-sized merchants, value-added services, and stable currency PYUSD. JeffPomeroy was appointed as the interim person in charge of this sector. Analysts believe that independently incorporating the cryptocurrency business into the core operating structure means that PayPal is further strengthening its stable currency PYUSD and digital asset payment ecosystem layout.