PayPal paid an invoice to Ernst & Young on Sept. 23 using PYUSD, the stablecoin the firm launched last year, relying on an SAP SE platform to complete the transaction. The move demonstrates how digital currencies can be used to improve often-clunky commercial transactions.
| less than a minute read
PayPal completes its first business transaction using stablecoin
“The enterprise environment is very well-suited for it,” he said. “It’s a very rational conversation to have with the CFO.”
