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How PYUSD on Venmo Could Change the Game for PayPal

PayPal's on-chain stablecoin, PYUSD, designed to serve as a secure digital representation of the US dollar, is now accessible via Venmo. This strategic move comes just over six weeks after the launch of PYUSD, and it aims to make digital transactions faster, cheaper, and more efficient. Meanwhile, this is an opportunity for increased adoption in the United States for the cryptocurrency market. After all, Venmo is already used by one in four of the US-based consumers.PayPal Enables PYUSD Payments... Read More

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Posted: Sep 21 2023, 08:11

Author Name: financemagnates

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