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PayPal reported processing $486.4 billion in second-quarter payment volume, up 10% from the previous year. The company combined Payment Services & Crypto units, with PYUSD supply at $2.7 billion. PayPal’s net revenue rose 5% to $8.68 billion, with non-GAAP earnings at $1.38 per share. Stablecoins are a key part of PayPal’s innovation plan.
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