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Cryptocurrencies: 26585
Markets: 104250
Market Cap: $3,363,512,843,742     
24h Vol: $68,523,822,230
Coin-turk.com 2023-08-07 18:25:22

A Surprising Move by PayPal: The Story behind PayPal’s Stablecoin Launch

A Surprising Move by PayPal: The Story behind PayPal’s Stablecoin Launch
PayPal, one of the world’s largest payment companies, made a very interesting move today and announced PayPal USD (PYUSD). This stablecoin, protected by Paxos Trust, is backed by US dollar deposits, short-term treasury bonds, and similar cash-equivalent assets.The post A Surprising Move by PayPal: The Story behind PayPal’s Stablecoin Launch appeared first on COINTURK NEWS.
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