What is PayPal USD, and how does it work?
PayPal has launched its own stablecoin, dubbed PayPal USD (PYUSD). The coin is only available to American customers.
PayPal has launched its own stablecoin, dubbed PayPal USD (PYUSD). The coin is only available to American customers.
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC.