Bitcoin, Ethereum Technical Analysis: BTC Nears 1-Week High, as Paypal Launches USD Stablecoin – Market Updates Bitcoin News

BTC rebounds towards 1-week high, as PayPal launches USD stablecoin.

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PayPal Launches PYUSD Stablecoin: Guide to What We Know So FarU.S.-based fintech heavyweight PayPal becomes first Web2 major to launch its own native USD-pegged stablecoin. On Aug. 7, 2023, American multinational heavyweight PayPal announced the launch of native stablecoin PayPal USD (PYUSD). This is the first time a Web2 major issues digital assets on a public blockchain. Here is what we know about PayPal USD's (PYUSD) design and the opportunities it unlocks for digital money users.
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PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on EthereumJUST IN: Global payments giant PayPal is launching its own dollar-pegged stablecoin. By shauryamalwa
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PayPal launches stablecoin on Ethereum, citing 'shift toward digital currencies'Silicon Valley-based payments firm PayPal announced it is launching a U.S. dollar stablecoin in conjunction with Paxos.
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PayPal Enters the Stablecoin Market With PYUSD | CoinMarketCapCryptoNews: PayPal has launched its stablecoin, called PayPal USD (PYUSD), an ERC-20 token backed by the US dollar. This makes PayPal the first major financial company to launch a stablecoin. 🔥
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