PayPal Holdings, Inc. (PYPL) vs Ethereum (ETH)

Correlation Analysis

Insight

PayPal's stablecoin, PYUSD, launched on the Ethereum blockchain in August 2023, establishing a existing connection between PayPal and Ethereum.

Historical Triggers
  • August 2023:Launch of PYUSD on Ethereum.​
Notes
  • Ethereum network activity can influence PayPal's blockchain-related initiatives.
  • Ethereum upgrades or increased DeFi activity may affect PYPL's engagement with blockchain technologies.​

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