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PayPal launches PYUSD stablecoin for payments and transfers

PayPal is rolling out a stablecoin for payments and transfers, the company announced on Monday. PayPal USD (PYUSD) is issued by Paxos Trust Company and is backed by U.S. dollar deposits, short-term U....

https://techcrunch.com/2023/08/07/paypal-launches-pyusd-stablecoin-for-payments-and-transfers/

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Discussion

Uxellodunum 2y ago

You'd think after 14 years they'd understand what a happy accident is, why it won't repeat and the importance of that.

Wasted work and infrastructure.

They could've as easily enabled BTC withdrawals and sending provided they had the reserves for it - Clearly they don't, never did.

This is one to watch crash and burn from afar.

#Bitcoin only.

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