What Is The PayPal Stablecoin (PYUSD)?

2023-8-9 15:00

In a move set to shake up the crypto payments sector, Paypal has launched its own stablecoin - PYUSD. Here we explore what PYUSD is, how it works, and why it matters for the future of digital payments.

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USDx stablecoin (USDX) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.62 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 1.2368 (-100%)

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US Congressman McHenry Praises Stablecoins, Calls Them Vital To 21st-Century Payments

In a notable move that highlights the growing acceptance and potential of stablecoins in modern payment systems, PayPal has announced the launch of its payment stablecoin PYUSD.  This development comes shortly after the House Financial Services Committee passed the Clarity for Payment Stablecoins Act, a bipartisan legislation that paves the way for regulated stablecoin issuers, […]

2023-8-8 06:00


House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcement

Representative Patrick McHenry, (R-NC), chair of the  U. S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7. McHenry said in a statement: “[PayPal’s] announcement is a clear signal that stablecoins—if issued under a clear regulatory framework—hold promise as a pillar of our 21st century payments system.

2023-8-8 04:00