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PayPal is a digital payments company. By leveraging technology to make financial services and commerce more convenient, affordable and secure, the PayPal platform enables more than 375 million consumers and merchants in more than 200 markets to join and thrive in the global economy.
Former PayPal President Launches New Bitcoin Wallet Supporting AI Agents for Sending and Receiving Funds
According to Bitcoin Magazine, David Marcus, former PayPal president and CEO of Lightspark, announced the launch of a new Bitcoin wallet that supports AI agents for purchasing BTC and sending/receiving funds.
Pornhub, an adult website, has stopped using USDT for creator revenue sharing and is switching to USDC.
According to Protos, adult website Pornhub has stopped using Tether (USDT) for creator payout settlements and has switched to Circle-issued USDC. In an email sent to creators, Pornhub stated that this switch aims to make payout disbursements “more reliable” and emphasized that USDC is a fully reserved, compliant stablecoin adhering to the EU’s MiCA regulatory framework. Pornhub initially adopted USDT in 2020 after PayPal announced it would sever ties with the platform, leveraging TronLink—the crypto wallet owned by Justin Sun—to build its payment infrastructure. Following this latest switch, the aforementioned partnership has also been removed from Pornhub’s creator page.
BitMart to List USD.AI (CHIP)
According to an official announcement, BitMart will list USD.AI (CHIP) at 21:00 (UTC+8) on April 21. The trading pair CHIP/USDT will be available.USD.AI is a permissionless lending protocol providing financing for the AI infrastructure industry. The protocol allows GPU operators to tokenize and collateralize their hardware equipment for quick access to capital. It employs a dual-token model: USDai (a stablecoin over-collateralized by PayPal's PYUSD) and sUSDai (an interest-bearing token with a target annual yield of 10-15%, with returns sourced from GPU-backed loans). CHIP is the governance token, allowing holders to vote on protocol parameters, administrator approvals, and USD.AI Improvement Proposals (UIPs).
Related news
PayPal Announces Strategic Restructuring, Establishing a Standalone Cryptocurrency Business Unit
According to an official PayPal announcement, PayPal unveiled a strategic restructuring on April 29, 2026, consolidating its operations into three major business units: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Cryptocurrency. The cryptocurrency unit will integrate Braintree, SMB payment processing, and the stablecoin PYUSD, among other businesses. At the executive level, Frank Keller has been appointed President of Checkout Solutions & PayPal, while Jeff Pomeroy will serve as Interim Head of Payment Services & Cryptocurrency. Diego Scotti, Head of Consumer Business, and Michelle Gill, Head of Small Business & Financial Services, will depart the company in succession. The company will disclose further details about the new operating model during its earnings call on May 5.
Former PayPal President Launches New Bitcoin Wallet Supporting AI Agents for Sending and Receiving Funds
According to Bitcoin Magazine, David Marcus, former PayPal president and CEO of Lightspark, announced the launch of a new Bitcoin wallet that supports AI agents for purchasing BTC and sending/receiving funds.
Pornhub, an adult website, has stopped using USDT for creator revenue sharing and is switching to USDC.
According to Protos, adult website Pornhub has stopped using Tether (USDT) for creator payout settlements and has switched to Circle-issued USDC. In an email sent to creators, Pornhub stated that this switch aims to make payout disbursements “more reliable” and emphasized that USDC is a fully reserved, compliant stablecoin adhering to the EU’s MiCA regulatory framework. Pornhub initially adopted USDT in 2020 after PayPal announced it would sever ties with the platform, leveraging TronLink—the crypto wallet owned by Justin Sun—to build its payment infrastructure. Following this latest switch, the aforementioned partnership has also been removed from Pornhub’s creator page.
BitMart to List USD.AI (CHIP)
According to an official announcement, BitMart will list USD.AI (CHIP) at 21:00 (UTC+8) on April 21. The trading pair CHIP/USDT will be available.USD.AI is a permissionless lending protocol providing financing for the AI infrastructure industry. The protocol allows GPU operators to tokenize and collateralize their hardware equipment for quick access to capital. It employs a dual-token model: USDai (a stablecoin over-collateralized by PayPal's PYUSD) and sUSDai (an interest-bearing token with a target annual yield of 10-15%, with returns sourced from GPU-backed loans). CHIP is the governance token, allowing holders to vote on protocol parameters, administrator approvals, and USD.AI Improvement Proposals (UIPs).