Bitcoin (BTC) $62,929.55 -1.71%
Ethereum (ETH) $1,832.80 -2.64%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 74.605735 -1.81%
Chainlink (LINK) $8.19 -2.66%
Cardano (ADA) $0.16 -0.61%
Litecoin (LTC) $44.58 -0.11%
Dash (DASH) $33.69 -0.22%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.204218 -3.10%
X-Cash (XCASH) 2.0E-6 0.00%
Dogecoin (DOGE) $0.00 0.00%

Cryptocurrencies: 29492

Markets: 111724

Market Cap: $2,167,278,467,297

24h Vol: $61,417,532,740

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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