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CoinStats - PayPal Amplifies PYUSD Reach Via Stellar...
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3 Articles
CoinStats - PayPal Amplifies PYUSD Reach Via Stellar...
PayPal has announced its intentions to integrate its PYUSD cryptocurrency with the Stellar network, pending the green light from the New York State Department of Financial Services. This integration is set to expand PYUSD’s footprint beyond its current presence on Ethereum and Solana.Continue Reading:PayPal Amplifies PYUSD Reach Via Stellar
PayPal has applied to migrate PYUSD to the Stellar network. Stellar, known for its low cost and high speed, will be the third network to support PYUSD. (ETH, SOL, and XLM) XLM prices increased significantly following the announcement. Read More: PayPal Announces Good News for the Altcoin, a Shadowed XRP Competitor...
PayPal Expands PYUSD to Stellar Blockchain for Faster, Global Payments
PayPal is expanding the reach of its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), by integrating it with the Stellar blockchain network, pending regulatory approval from the New York State Department of Financial Services. This move builds on PYUSDs current availability on Ethereum and Solana, aiming to boost speed, cost-efficiency, and global accessibility. Stellar, known for its low fees and high-speed transactions, offers an ideal platf…
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