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News by FinTech Collective Archive

PayPal's stablecoin, PYUSD, is now available on Venmo

FinTech Collective

9/27/2023 10:25:07 PM

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FinTech Collective

PayPal USD (PYUSD), PayPal’s on-chain, regulated, dollar-denominated stablecoin 100% backed by U.S. dollar deposits, short-term U.S Treasuries, and similar cash equivalents, is available on Venmo starting today.

"PayPal USD is now available on Venmo to select users and will be rolling out fully in the coming weeks."

https://newsroom.paypal-corp.com/2023-09-20-PayPal-USD-is-now-available-on-Venmo?mkt_tok=NTAzLUZBUC0wNzQAAAGOd4c3sEGYbdUEkPCYIoLacSoFtJA5DTSbg8w5U2M--YGqupOa4_uSnzxaLoQUAwXdrTptSBtKoXLBqp2HycB3FuzwF-_g6d7OWvuPLwVPrDNr

Money transfer. Send and receive money wireless via the phone. Hands holding smartphones with online banking payment apps. Vector flat cartoon illustration for web banners, sites, infographics design.

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