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PYUSD is initially built on Ethereum-a blockchain built for programmability, and compatible with the most to a reference asset, for. PARAGRAPHBuy, sell, hold, and transfer millions of online stores.
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BREAKING: PayPal Reveals SHOCKING Crypto Payment PlanPayPal is launching its own stablecoin: PayPalUSD (PYUSD). The company says the cryptocurrency token is �fully backed by U.S. dollar. The cryptocurrency, dubbed PayPal USD, will be redeemable for $1. The company said it will be fully backed by U.S. dollars, short-term. is a stablecoin that's fully backed by US dollar deposits, US treasuries, and similar cash equivalents. You can buy and sell 1 PYUSD for 1 USD on PayPal. Stablecoins are a type of cryptocurrency designed to have a steady value over time relative to a reference asset, for example, the U.S. dollar.
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