PayPal has just completed its first payment using the stablecoin PYUSD! 💸

- ​​Traded with Ernst & Young via SAP’s digital currency hub.

- PYUSD launched in August 2023, currently has a market cap of $699 million, ranking 8th among the largest stablecoins.

- Stablecoins provide faster, more stable payments than other cryptocurrencies.

- PayPal allows US users (excluding New York) to buy and sell crypto directly from their accounts.

- Robinhood and Revolut are also considering launching their own stablecoins.

What do you think about the future of stablecoins? Share your thoughts! 💬#Crypto#Blockchain #Finance