paypalenterscrypto-themetaeconomist

The PayPal upgrade. A new entry in the cryptomarket

8 August 2023

Category

Share on:

PayPal, the global payments giant, has announced that it will enter the crypto market. It will do so through its own stablecoin, PayPal USD based on Ethereum.

The PayPal USD will be pegged to the U.S. dollar and issued by Paxos Trust.

The token will soon be available in the U.S., and PayPal will lead the way as the first major financial company to issue its own stablecoin.

Users will be able to transfer and convert any PayPal-supported cryptocurrency to and from PayPal USD.

SOURCE: CoinDesk

READ ALSO ---> PayPal USD: how the PayPal stablecoin works

Follow us on Instagram @TheMetaeconomist 

No active "ca-sidebar-59" sidebar
Recent Post
solar energy and blockchain-themetaeconomist

Solar energy and blockchain to win the ecological challenges

A dive into the future of technological innovations in Milan

Address Poisoning attacks-themetaeconomist

What do you know about Address Poisoning attacks?

ftx refunds customers-themetaeconomist

FTX's collapse, customers to be repaid?

tme tv interview with Laura Rosell -themetaeconomist

TME TV - INTERVIEW WITH LAURA ROSELL

cz binance founder - themetaconomist

Binance founder sentenced to prison on money-laundering violations

1 2 3 63
TheMetaEconomist 2022 - Privacy / Cookies
crossmenu