PayPal expands stablecoin push as crypto assets factor into Q2 results
PayPal’s second-quarter update emphasized stablecoins and AI-driven “agentic” payment tools as part of its growth strategy. Q2 earnings came in at $1.26 per share, below the $1.28 estimate and down from $1.30 a year earlier, while revenue rose to $8.68 billion, topping consensus and last year’s $8.29 billion. The company included an $81 million non-GAAP adjustment tied to gains and losses from strategic investments and crypto assets held for investment, saying it excludes these items because they are not actively traded or used to fund operations. PayPal said it is expanding into agentic payments, stablecoins, identity, and biometric technologies using its payments network, risk systems, and trust infrastructure. It also said PayPal World drove about $200 million in total payment volume between Venmo and PayPal.
