Stablecoin

JUST

Litecoin

Bitcoin

<div class="watcher-guru"> 
 <p>PayPal today introduced its crypto stablecoin <a rel="noopener noreferrer nofollow" title="PYUSD" href="https://thebittimes.com/tag/pyusd.html">PYUSD</a>. PayPal USD will be pegged to the US dollar and backed by cash equivalents and short-term treasuries.</p> 
 <p><a rel="noopener noreferrer nofollow" title="PYUSD" href="https://thebittimes.com/tag/pyusd.html">PYUSD</a> will be redeemable for dollars at any time. It can also be exchanged for other cryptocurrencies available on PayPal’s network, according to PayPal’s announcement. <a rel="noopener noreferrer nofollow" title="PYUSD" href="https://thebittimes.com/tag/pyusd.html">PYUSD</a> can be used to fund purchases and will soon be available on PayPal’s popular payments app <a rel="noopener noreferrer nofollow" title="Venmo" href="https://thebittimes.com/tag/venmo.html">Venmo</a>. Users will eventually be able to send their token holdings between a PayPal and a <a rel="noopener noreferrer nofollow" title="Venmo" href="https://thebittimes.com/tag/venmo.html">Venmo</a> wallet.</p> 
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
  <div class="wp-block-embed__wrapper"> 
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
    <p lang="en" dir="ltr">JUST IN: PayPal to integrate crypto stablecoin $PYUSD on Venmo.</p> 
    <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
     <div class="publift-ad add"> 
      <div data-fuse="22560828227"></div> 
     </div> 
    </div> — Watcher.Guru (@WatcherGuru) August 7, 2023 
   </blockquote> 
  </div> 
 </figure> 
 <p>PayPal introduced a feature that enabled users to store, buy, and sell Bitcoin, Ethereum, Bitcoin Cash, and Litecoin in 2020. In June 2022, the company further&nbsp;expanded&nbsp;its offering by allowing users to transfer cryptocurrencies to external wallets. Now, the service is integrating its first-ever stablecoin.</p> 
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div id="primisContainer" class="add"></div> 
 </div> 
 <p><strong>Also read:&nbsp;PayPal <a rel="noopener noreferrer nofollow" title="PYUSD" href="https://thebittimes.com/tag/pyusd.html">PYUSD</a> Stablecoin Backed by Various Cash Equivalents</strong></p> 
 <p>The stablecoin is not limited to its peg to the US dollar. <a rel="noopener noreferrer nofollow" title="PYUSD" href="https://thebittimes.com/tag/pyusd.html">PYUSD</a> will also serve as a gateway to various other cryptocurrencies on PayPal’s expansive network, which are also expected to be transferable to USD with <a rel="noopener noreferrer nofollow" title="Venmo" href="https://thebittimes.com/tag/venmo.html">Venmo</a>.</p> 
 <figure class="wp-block-image size-full"> 
  <img decoding="async" width="810" height="524" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="" class="wp-image-35608 ewww_webp" sizes="(max-width: 810px) 100vw, 810px" data-src-img="https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp.webp 810w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp.webp 300w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp.webp 768w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp.webp 230w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp.webp 380w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp.webp 550w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp.webp 800w" data-srcset-img="https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 810w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 300w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 768w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 230w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 380w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 550w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 800w" data-eio="j"> 
  <noscript> 
   <img decoding="async" width="810" height="524" src="https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp" alt="" class="wp-image-35608" srcset="https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 810w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 300w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 768w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 230w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 380w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 550w, https://cdn.thebittimes.com/images/2023/08/08/cec33043065d56e14e11bdb8887d5607.webp 800w" sizes="(max-width: 810px) 100vw, 810px"> 
  </noscript> 
 </figure> 
 <p>PYUSD is issued by Paxos Trust Company, according to the official&nbsp;press release. Additionally, the company states that PayPal customers will be able to transfer, send, use for purchases, or convert PayPal PYUSD in the next few weeks.&nbsp;</p> 
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="publift-ad add"> 
   <div data-fuse="22560828233"></div> 
  </div> 
 </div> 
</div> 
<div class="cs-entry__tags"> 
 <ul> 
  <li>Paypal</li> 
  <li>PYUSD</li> 
  <li>Venmo</li> 
 </ul> 
</div>

PayPal to Integrate Crypto Stablecoin $PYUSD on Venmo

TheBitTimes

在 2023年8月7日發表的其他文章

Alchemix Reports Return Of Stolen Funds From Curve Exploit

Long-Term Bitcoin Holders Reach New High Amidst Low Volatility

UK Plans Expanding Team to Combat Crypto-Related Crimes

CSPR Price Prediction 2023: Will Casper Coin Price Surge Upwards?

PayPal Launches Its Own Stablecoin, PayPal Coin!

Crypto ou CBDC ? L’Australie met fin au cash

訂閱免費電子報，每天收取加密貨幣最新動態！