PayPal Launches U.S. Dollar Stablecoin on Ethereum: BREAKING NEWS

11 months ago
7

Bullish news: PayPal set to launch its own dollar-pegged stablecoin on Ethereum called PayPal USD (PYUSD). The new stablecoin will be issued by former BUSD issuer Paxos Trust Company. $PYUSD comes just days after a key stablecoin bill was cleared by the U.S. House Financial Services Committee.

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