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10/06/21 10:53
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By BashJasper · Posted
If that's the case, then I believe the next step is for the dev team to create an in-app EVM wallet that can process payment natively for PayPal users who wishes to use the stablecoin for transaction on the platform -
By BashJasper · Posted
Reading through the news earlier on X.com, I really do not fault the reason behind their decision because of the risk of scam and fraud but on the other hand I felt what they should have done was to tighten their KYC policy and use a more secured main chain for transactions. Anyways JP Morgan has always been an anti-crypto for a very long time so I never expect anything different. I just hope UK residents who are crypto enthusiasts realize there are several ways you can transact your crypto and fiat without Chase Bank and one of them is to use a P2P exchange like kucoin and Bitget -
By XTRAVAGANZA · Posted
PayPal USD is a stablecoin backed by secure and highly liquid assets. It is designed to maintain a stable $1 USD value and is backed by dollar deposits, US treasuries, and cash equivalents. In just few steps, users can buy, sell & hold the PYUSD or even send it to friends in the US without paying fees on Paypal. The stablecoin can be sent to Ethereum wallet addresses that accept PYUSD, used to checkout and pay for items too, though fees may apply here. Need I mention that it can also be used to buy other cryptos as well. Interestingly, developers are not left out, they can use PayPal USD as the payments layer to build new services and products on public blockchains. It seems Paypal has made it pretty easy for users to manage their finances. PYSUD has a market cap of $44.3 million and is listed on tier 1 exchanges like Bitget, Kraken, Kucoin and Coinbase. Do you guys think that PYUSD has what it takes to rival USDT?
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Question
Guest WiLLiam1608
Thanks everyone who answered.
Maintenance.
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