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PayPal Unveils USD-Backed Stablecoin PYUSD In Digital Payments Revamp
Monday, August 7, 2023 - 9:23am | 528In a significant move to bolster the adoption of digital tokens for transactions, PayPal Holdings Inc. (NASDAQ:PYPL) announced Monday the launch of a new U.S. dollar-denominated stablecoin. Named PayPal USD (PYUSD), this digital currency is the brainchild of the San Jose-based financial giant...