PayPal (PYPL) Launches U.S. Dollar Stablecoin
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PayPal Launches U.S. Dollar Stablecoin
August 7, 2023 9:00 AM EDTPayPal USD (PYUSD) is fully backed by U.S. dollar deposits, short-term U.S. treasuries and similar cash equivalents, and can be redeemed 1:1 for U.S. dollarsÂ
SAN JOSE, Calif., Aug. 7, 2023 /PRNewswire/ -- Fully-backed, regulated stablecoins have the potential to transform... More
