PayPal

PayPal is a global technology platform and digital payment system that facilitates electronic money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders, processing a massive $1.68 trillion in Total Payment Volume (TPV) in 2024 across its network of over 400 million active accounts. The company has evolved from a simple online payment processor to a comprehensive financial technology ecosystem, including its own US dollar-backed stablecoin, PayPal USD (PYUSD), designed to bridge traditional finance with the burgeoning world of blockchain and digital assets.