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CATEGORY: paxos trust

Paypal USD: Boon for Ethereum but not decentralization, says community
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Aug 08, 2023 05:50

Paypal USD: Boon for Ethereum but not decentralization, says community

Paypal’s new Ethereum-based stablecoin, PYUSD has been seen as bittersweet news for the crypto community. While it could finally see Ethereum find its place in mainstream adoption, it could also spell trouble for decentralization and personal control of assets, warns the community. The new stablecoin, Paypal USD, was launched on Aug. 7 and is issued [...]

The post Paypal USD: Boon for Ethereum but not decentralization, says community appeared first on Crypto Breaking News.

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Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Aug 07, 2023 10:30

Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD

Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment purposes. A New Era for Paypal: Introduction of PYUSD Stablecoin to Facilitate Cryptocurrency Trading and Payments On Monday, the internet is [...]

The post Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD appeared first on Crypto Breaking News.

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