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PayPal’s PYUSD stablecoin now supports cross border payments

PayPal announced the integration of its PYUSD stablecoin with its Xoom cross border payment app. U.S. customers can fund payments using the stablecoin with no transaction fees.

“Enabling U.S. users of Xoom the option to fund cross-border money transfers using PYUSD builds on our goal of driving mainstream adoption of cryptocurrencies."

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paypal, pyusd, stables, stablecoins