💣 BREAKING NEWS: PayPal launches $PYUSD stablecoin for payment!💥
Here's all you need to know:
🔸ERC-20 token on Ethereum network
🔸Issued byPaxos
🔸Fully backed by U.S. dollar deposits, short-term Treasurys and similar cash equivalents
🔸It will soon be available to United States customers
🔸PYUSD will be redeemable for U.S. dollars at all times, can be exchanged for other cryptocurrencies on PayPal, and will be transferable between PayPal and Venmo
What do you think about this news? 😎
