🇹🇰 PayPal conducts first B2B transaction in PYUSD stablecoin

The company paid the invoice of the audit firm Ernst & Young.

🪙 The transaction was conducted via the Software-as-a-Solution infrastructure of SAP Digital Currency Hub. The amount of the payment and its purpose have not been disclosed.

This event marks an important milestone for PayPal and for the entire stablecoin industry.

🪙 PayPal plans to actively promote PYUSD to businesses and consumers. The company believes that stablecoins can revolutionize the payments industry, and PYUSD is destined to play a key role in this revolution.

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