Coinbase has launched PayPal USD stablecoin PYUSD
ChainCatcher news, Coinbase has launched the PayPal-issued USD stablecoin PYUSD and has labeled PYUSD as an experimental asset. Users can now trade PYUSD on the Coinbase website, iOS, and Android applications.
Previous news, PYUSD is issued by Paxos and is backed by USD deposits, short-term government bonds, and similar cash equivalents.
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