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Coin-turk.com

2023-09-13 15:45:26

Paxos Releases Transparency Report for PayPal Stablecoin: Here Are the Details

Paxos Releases Transparency Report for PayPal Stablecoin: Here Are the Details

Stablecoin issuer Paxos has published its first transparency report for PayPal USD (PYUSD), an Ethereum-based stablecoin, and stated that PayPal USD is fully backed by assets. The report confirms that PYUSD is fully backed by assets and that the total asset amount exceeds the token balance.The post Paxos Releases Transparency Report for PayPal Stablecoin: Here Are the Details appeared first on COINTURK NEWS.

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