#PayPal will launch a stablecoin #PYUSD backed by US dollar deposits, short-term treasuries and similar cash equivalents.
07 Aug 2023, 20:13
#PayPal will launch a stablecoin #PYUSD backed by US dollar deposits, short-term treasuries and similar cash equivalents.💸
It allows instant and lower-cost transfers without a central intermediary
This could be a serious rival to major, already establish #stablecoins since its going to be regulated and reports on the assets backing it will be published monthly.
Same news in other sources
107 Aug 2023, 20:14
#PayPal will launch a stablecoin #PYUSD backed by US dollar deposits, short-term treasuries and similar cash equivalents.💸
It allows instant and lower-cost transfers without a central intermediary
This could be a serious rival to major, already establish #stablecoins since its going to be regulated and reports on the assets backing it will be published monthly.
#PayPal will launch a stablecoin #PYUSD backed by US dollar deposits, short-term treasuries and similar cash equivalents.
#PayPal will launch a stablecoin #PYUSD backed by US dollar deposits, short-term treasuries and similar cash equivalents.💸
It allows instant and lower-cost transfers without a central intermediary
This could be a serious rival to major, already establish #stablecoins since its going to be regulated and reports on the assets backing it will be published monthly.
https://twitter.com/nwcpublic/status/1688644587315691521?s=46&t=Ql4aBQoxgVIaV6_1wnLvhA