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PYUSD

PayPal Launches PYUSD Stablecoin for Payments and Transfers.

Sparsh Manglesh Aug 8, 2023

Source: cryptopolitan.com PayPal is launching a stablecoin for payments and transfers, the company announced on Monday. PayPal USD (PYUSD) is issued by Paxos Trust Company and is backed by U.S. dollar deposits, which are short-term U.S.…

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