PYUSD

LayerZero Enables PayPal USD Stablecoin Transfers Between Ethereum and Solana
LayerZero Enables PayPal USD Stablecoin Transfers Between Ethereum and Solana
November 13, 2024  |  Blockchain

The PayPal USD (PYUSD) stablecoin now uses LayerZero’s Omnichain Fungible Token (OFT) Standard to enable transfers between the blockchain networks Ethereum and Solana. This integration enables fast, secure and cost-effective transactions...

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PayPal Pays EY With In-House Stablecoin to Show ‘Well-Suited’ Enterprise Capabilities
PayPal Pays EY With In-House Stablecoin to Show ‘Well-Suited’ Enterprise Capabilities
October 03, 2024  |  Cryptocurrency

PayPal has reportedly completed its first business payment with its in-house stablecoin. This was done to show how digital currencies could be used to improve upon...

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Stablecoins Surge in Prominence and Utility Across FinTech Ecosystem
Stablecoins Surge in Prominence and Utility Across FinTech Ecosystem
September 23, 2024  |  Cryptocurrency

You are the company you keep. And that old adage is good news for stablecoins, the digital currencies pegged to traditional fiat currencies like the...

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Venmo Begins Rollout of PayPal USD Stablecoin to Users
Venmo Begins Rollout of PayPal USD Stablecoin to Users
September 20, 2023  |  Cryptocurrency

PayPal USD (PYUSD) has made its debut on Venmo, offering select users a regulated, dollar-denominated stablecoin that is 100% backed by U.S. dollar deposits, short-term U.S. Treasuries...

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