Eligible users can buy, hold, send and receive PayPal USD (PYUSD), transfer it to external wallets and convert it into local currency, subject to local rules.
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PayPal expanded PYUSD to 70 new markets, including Colombia, Peru and Costa Rica, while the offer of the stablecoin exceeds $4 billion. Expansion makes it easy to buy, save and transfer the asset from PayPal accounts, although rewards for maintaining it will not reach all countries.