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Singapore-licensed Triple-A to offer PayPal stablecoin support

Singapore based payments firm Triple-A will add PayPal’s stablecoin (PYUSD) to the list of tokens its customers can use to pay merchants. Roughly $200m of PYUSD is in circulation, compared to Tether's $110b of USDT.

"Triple-A aims to roll out support for PayPal’s stablecoin by the end of June. The firm currently offers payment services primarily in Bitcoin, Ether and stablecoins issued by Tether and Circle."

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stable coins, asia, defi, industry