Tento príspevok bol pôvodne publikovaný na stránke https://cointelegraph.com/news/paypal-launches-stablecoin-for-payment a autorom článku je Cointelegraph By Prashant Jha. Tento článok je iba kópia originálneho článku.
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-08/0d8bac03-a6f7-45a6-893b-adeef6e76392.jpgPayment processing giant PayPal started crypto payments in March 2021 and since then has been actively involved in the crypto payment sector.
Breaking news
Financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7.
The new stablecoin will be issued by Paxos Trust Co. and fully backed by United States dollar deposits, short-term Treasuries and similar cash equivalents, according to a Bloomberg report. The firm said that the new stablecoin will be available soon to the United States customers.
The launch of a stablecoin could push the company’s bid to become a crypto payment giant, a contention that the company started in first quarter of 2021 after making way for crypto payments on the paltform.
The company first confirmed its plan to launch a crypto stablecoin in January 2022 claiming it would work on the stablecoin and will do so while working closely with relevant regulators.
This is a developing story, and further information will be added as it becomes available.
