Following the launch of the PYUSD token, PayPal has made great advancements in creating its own blockchain ecosystem. In order to show its…

From PYUSD Token to NFT: PayPal’s Innovative Move

Introducing the new cryptocurrency, PayPal USD . It’s a stablecoin backed by secure and highly liquid assets.

PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal USD is redeemable 1:1 for U.S. dollars and is issued by Paxos Trust Company.

Starting August 7, 2023, and rolling out in the coming weeks, eligible U.S. PayPal customers who purchase PayPal USD will be able to:

- Transfer PayPal USD between PayPal and compatible external wallets
- Send person-to-person payments using PYUSD
- Fund purchases with PayPal USD by selecting it at checkout
- Convert any of PayPal's supported cryptocurrencies to and from PayPal USD

For more information, visit https://www.paypal.com/pyusd

PayPal USD (PYUSD) is a cryptocurrency. The current price of PayPal USD is $0.999, with a 24-hour price change of -0.25%. The volume of PayPal USD traded in the last 24 hours is $3,163,755.94, with a 24-hour volume change of -13.34%. The market cap of PayPal USD is $94,330,172.12, and the circulating supply is 94,396,540.45 PYUSD. 

PayPal USD

Popular Singapore-based cryptocurrency exchange Crypto.com has announced a new partnership with PayPal and Paxos for it to become a preferred exchange for the PayPal USD (PYUSD) stablecoin that the payments giant launched last month.

Crypto.com Becomes a ‘Preferred’ Exchange for PayPal’s PYUSD Stablecoin

Crypto.com users are allowed to trade XRP, DOGE, and SOL against PYUSD.

Users Can Now Trade XRP and DOGE Against PayPal's Stablecoin

 The collaboration builds on the initial integrations between PayPal and Crypto.com, including enabling the use of PayPal to top up Crypto.com Visa Cards.

Crypto.com, PayPal and Paxos Partner for PYUSD Integration

In terms of PYUSD trading pairings internationally, Crypto.com presently has the deepest liquidity, according to a press release from September 28. PYUSD

Crypto.com and PayPal Join Forces to Enhance PYUSD Trading Liquidity

The crypto trading platform has amassed and now holds the deepest liquidity for PYUSD trading pairs globally.

Crypto.com Partners PayPal to Become Preferred Exchange for PYUSD

Singapore-based cryptocurrency exchange Crypto.com has revealed it’s adding numerous trading pairs involving numerous altcoins PayPal’s stablecoin PYUSD, with trading pairs allowing users to trade $XRP against the stablecoin.

Crypto.com Introduces Multiple Altcoin Trading Pairs for PayPal’s $PYUSD Including Against $XRP

Crypto exchange Crypto.com has teamed up with PayPal and Paxos to bring crypto to every wallet. Can it boost adoption of PYUSD?

PayPal Joins Forces With Crypto.com to Boost Adoption of PYUSD

Headlines for the Day 🚨  1️⃣US Treasury Secretary Janet Yellen says a Government shutdown could lead to a recession - 2️⃣VanEck to donate 10% of Ethereum Strategy ETF profits to core protocol contributors -  3️⃣🇺🇸 SEC continues filing frenzy, delaying bitcoin ETFs from Fidelity, VanEck and WisdomTree 4️⃣📉 OX Price Crash By Over 50% After The Arrest Of Zhu Su 5️⃣Paypal Selects Cryptodotcom as ‘Preferred Exchange’ for PYUSD Stablecoin - #news   #CryptoNews  

Headlines for the Day 🚨 

A new report has shown that the adoption of PayPal’s PYUSD stablecoin has seen less than favorable adoption rates since its inception.

PayPal’s PYUSD Report Provides Valuable Insight Into The Stablecoin’s Performance So Far

The exchange has listed PYUSD for retail and institutional users, with “trading features coming soon.”

Crypto.com to become preferred exchange for PayPal USD 

Crypto.com has expanded its offerings by incorporating new trading pairs, including notable cryptocurrencies such as Ripple-affiliated XRP, Dogecoin (DOGE) and Solana (SOL)

XRP and Dogecoin Can Now Be Traded Against PayPal's PYUSD on Crypto.com

Crypto.com exchange has partnered with PayPal and Paxos to become the most popular platform for PayPal USD (PYUSD). Crypto.com Becomes

Crypto.com Becomes Official Exchange for PayPal USD

PYUSD is now available to select Venmo users, with a full rollout coming over the next few weeks.

PayPal's PYUSD Stablecoin Launches On Venmo

PayPal's regulated stablecoin, PayPal USD (PYUSD), marks a new milestone as it becomes available on Venmo

PayPal USD (PYUSD) Gains More Traction with Venmo Launch

PayPal has announced that Venmo users will be able to buy, send, and receive PayPal’s new stablecoin, PayPal USD, on the app.

PayPal Brings PYUSD Stablecoin to Venmo - Decrypt

Which coin you suggest to should list on  #Binance  hahaha 🤣  $LENA $WSM $LSD $HIFI $DORA $PYUSD $NEXT $FXI $FCT2  Else any other Coin comment below 👇  Don’t forget to follow  + Like and Share Thanks 

Which coin you suggest to should list on 

 PayPal’s ERC-20 Stablecoin is now available for select Venmo users and will be rolling out fully in the “coming weeks.”

PayPal’s Stablecoin PYUSD is Available on Venmo to Select Users

Those using compatible external wallets and merchants accepting payments in PYUSD will also be able to receive transfers from Venmo users.

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