Stablecoin

<div class="textg" style="text-align: justify; font-weight: lighter; line-height: 1.3em; font-size: 15px; border-radius: 3px; color: #80909a; padding: 10px; background-color: #F4F6F9; margin-bottom: 15px;">
  Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our&nbsp;<a href="https://tokenist.com/terms-of-service/" style="text-decoration:underline;color:#3c7b7b" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">website policy</a>&nbsp;prior to making financial decisions. 
</div> 
<ul> 
 <li>PayPal Holdings Inc. is launching PYUSD, a stablecoin backed by US dollar deposits, short-term Treasuries, and cash equivalents, <a href="https://www.bloomberg.com/news/articles/2023-08-07/paypal-launches-us-dollar-stablecoin-pyusd-for-payments-transfers" target="_blank" aria-label="as reported by Bloomberg (opens in a new tab)" rel="noopener noreferrer nofollow" class="deco-link">as reported by Bloomberg</a>.</li> 
 <li>The stablecoin aims to enhance PayPal’s dominance in digital payments by facilitating instant and low-cost transfers without intermediaries.</li> 
 <li>Initially, PYUSD will be mainly used in the cryptocurrency and web3 sectors, with plans to expand into remittances and micro-payments gradually.</li> 
</ul> 
<p>This is a developing story and will be updated.</p> 
<div class="cta-referral"> 
 <img src="https://tokenist.com/wp-content/themes/thetokenist/assets/img/del/cta-referral-1.png" alt="" class="cta-referral__img" loading="lazy" decoding="async"> 
 <div class="cta-referral__text"> 
  <p>Join our <a href="https://t.me/thetokenist" target="_blank" rel="noopener noreferrer nofollow">Telegram group</a> and never miss a breaking digital asset story.</p> 
 </div> 
</div> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://tokenist.com/paypal-to-launch-stablecoin-backed-by-us-dollar-deposits-and-t-bills/">PayPal to Launch Stablecoin Backed by US Dollar Deposits and T-Bills</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://tokenist.com">Tokenist</a>.</p>

PayPal to Launch Stablecoin Backed by US Dollar Deposits and T-Bills

Tokenist

在 2023年8月7日發表的其他文章

Riding the Bull: Borroe ($ROE) Raises $250,000, Shaking Up Uniswap (UNI) and Arbitrum (ARB) Markets

MetaMask is the most popular hot wallet, CoinGecko data suggests

Justin Sun Clears Huobi Insolvency Rumors

Kava Price Prediction: Can KAVA Coin Make A Comeback Again?

Borroe ($ROE) Triumphs Over Optimism and Polkadot: A New Era in Cryptocurrency

Over $2,000,000 Worth of YGG Moved to Binance as the Price Soars; Top Analyst Predicts Break of t...

訂閱免費電子報，每天收取加密貨幣最新動態！