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Tag: PYUSD Project

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PayPal’s Innovative PYUSD Project Was Closely Connected To The Defunct Exchange FTX

Central issues: Cooperation between PayPal’s PYUSD stablecoin and FTX on Solana was deferred because of the FTX crash. PayPal’s $1B+ crypto property build up its push for PYUSD stablecoin, meaning to change advanced installments. Notwithstanding obstacles, Paxos plans to give PYUSD, supported by US Dollar saves, highlighting stablecoins’ value-based potential. An ambitious collaboration between PayPal’s…
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