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PayPal is rolling out its first stablecoin as it attempts to capitalize on the “emerging potential” of US dollar-backed digital tokens for consumer payments. The stablecoin, PayPal USD ...
PayPal USD is built on Ethereum and is 1:1 redeemable for US dollars. PayPal USD is built on Ethereum and is 1:1 redeemable for US dollars. PayPal is launching its own stablecoin: PayPalUSD (PYUSD).