Coinbase reported that it now facilitates crypto payments for Fortune 500 companies like PayPal, EY, and Google Cloud, leveraging its Prime platform for instant, borderless transactions through stablecoins. These payments, such as PayPal’s use of PYUSD to pay EY, streamline business operations by enabling near-instant fund transfers and continuous access to capital. The collaboration exemplifies the increasing adoption of crypto for B2B payments, offering significant efficiency gains, particularly in treasury management, and improving cash flow by bypassing traditional constraints like “net-30” payment terms.
Paypal, EY and Google Cloud use Coinbase for B2B payments
