🚀PayPal has launched its own stablecoin, PYUSD, aiming to simplify digital payments within the blockchain ecosystem. 💼 PYUSD is pegged to the U.S. dollar and fully backed by USD deposits, short-term U.S. Treasurys, and similar cash equivalents. It's available to eligible PayPal customers in the U.S. and can be used for online purchases, sent to compatible crypto wallets, or converted to other cryptocurrencies. Paxos Trust Company is the issuer and manager of PYUSD, ensuring transparency and trust. 🤔 What are your thoughts on PYUSD? Comment below!