PayPal USD (PYUSD) is a stablecoin fully backed by US dollar deposits, US Treasuries and similar cash equivalents. You can buy and sell 1 PYUSD for 1 US dollar on PayPal. Stablecoins are a type of cryptocurrency designed to have a stable value over time against a benchmark asset such as the US dollar.
In a significant move poised to redefine digital commerce, PayPal is expanding its U.S. dollar-pegged stablecoin, PYUSD, to the Arbitrum…
After more than a year and a half of development: PayPal is releasing its own stablecoin PayPal USD (PYUSD). The product…
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