According to the official announcement from PayPal, PayPal announced a strategic restructuring of the company's business and leadership team. As part of the reorganization, PayPal will transition to an operational model consisting of three main business divisions: Checkout Solutions and PayPal, Consumer Financial Services and Venmo, and Payment Services & Crypto. Among them, the "Payment Services & Crypto" division will unify the company's processing and platform capabilities, including Braintree, small and medium-sized business payment processing, and cryptocurrency operations (including PYUSD stablecoin).

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