PANews reported on December 12th that, according to Fortune magazine, YouTube is allowing its creators to receive earnings via PayPal's stablecoin. May Zabaneh,PANews reported on December 12th that, according to Fortune magazine, YouTube is allowing its creators to receive earnings via PayPal's stablecoin. May Zabaneh,
YouTube introduces new option to pay revenue to U.S. creators using stablecoins.
PANews reported on December 12th that, according to Fortune magazine, YouTube is allowing its creators to receive earnings via PayPal's stablecoin. May Zabaneh, head of PayPal's crypto business, confirmed the arrangement, stating that the feature is officially launched and currently only available to US users. A spokesperson for YouTube's parent company, Google, also confirmed the news, stating that YouTube has added a way to pay creators their earnings via PayPal's stablecoin. PayPal added the ability for recipients to receive payments in PayPal's stablecoin PYUSD earlier this year. Subsequently, YouTube chose to offer this option to its creators—creators can use it to receive a share of the revenue they earn from content published on the platform.
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