Payments giant PayPal says that its stablecoin, PayPalUSD (PYUSD), is expanding onto the blockchain of smart contract platform Solana (SOL). In a new company press release, PayPal says that the dollar-pegged crypto asset PYUSD – which launched in August 2023 in collaboration with the Paxos Trust Company – is now available on Solana, making it […]
The post PayPal’s PYUSD Stablecoin Set To Expand to Solana Blockchain, Says Payments Giant appeared first on The Daily Hodl.
PayPal just rolled out a new service that allows users to fund their cross-border money transfers using PayPalUSD (PYUSD), the US dollar-pegged stablecoin that the online payments giant unveiled in August last year. In a new statement, PayPal says that US users of remittance provider Xoom can now convert the PYUSD in their PayPal account […]
The post Online Payments Giant PayPal Enables Cross-Border, Stablecoin-Funded Money Transfers for US Customers appeared first on The Daily Hodl.
