PayPal USD (PYUSD) Is Reportedly Planning to Use Stellar Network for New Use-Cases

PayPal (NASDAQ: PYPL) announced plans to make the PayPal USD (PYUSD) stablecoin available on the Stellar network pending regulatory approval by the New York State Department of Financial Services (NYDFS). Stellar is a blockchain designed for “fast, low-cost payments and real-world utility.” By potentially expanding… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged digital assets, nydfs, paxos, paypal, stablecoin, stellar network