September 20, 2023
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 and similar cash equivalents. This move aims to provide a stable form of digital value that connects fiat dollars to the Web3 ecosystem, ultimately reducing friction in everyday payments while […]
