From now on, Coinbase’s United States-based customers are able to withdraw their cash balances to Paypal. The service for other countries will reportedly be rolled out some time in 2019.

Coinbase’s announcement comes on the heels of PayPal’s news that it will enable its users to purchase cryptocurrencies and use it for retail purchases with the company’s 22 million merchants.

(Reuters) -Coinbase, the largest publicly traded cryptocurrency exchange, is waiving fees on transactions connected to PayPal's stablecoin and allowing its users to redeem the token directly for U ...

Coinbase platforms to provide fee-free purchases and easy 1:1 redemption of PayPal USD while companies jointly explore new payment use cases This partnership will give Coinbase's millions of ...

According to the Coinbase corporate blog, this is just the beginning of what will be a global agreement that will affect all of the almost 200 million PayPal customers, worldwide.

Coinbase Global (NASDAQ:COIN), the biggest U.S.-based cryptocurrency exchange, started waiving fees on PayPal Holdings' (NASDAQ:PYPL) stablecoin and allowing its users to redeem the coin directly ...

Coinbase(NASDAQ: COIN) and PayPal(NASDAQ: PYPL) have teamed up to make the payment giant's stablecoin, PayPal USD(CRYPTO: PYUSD), easier to buy and use. Coinbase is one of the leading U.S. crypto ...

PayPal's two-sided network of more than 430 million consumers and merchants, "offers an unprecedented opportunity to increase stablecoin adoption globally," Coinbase CEO Brian Armstrong said in a ...