August 8, 2023

PayPal Launches Stablecoin PYUSD in Bold Move to Revolutionize Crypto Payments

In a groundbreaking move that could reshape the landscape of digital payments, PayPal Holdings Inc. has unveiled its own stablecoin, PYUSD. This marks the first instance of a major financial institution introducing a stablecoin and could potentially accelerate the sluggish uptake of digital tokens for everyday transactions. Named the PayPal USD, or PYUSD, this stablecoin […]