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PayPal plans to make PYUSD stablecoin available on Stellar network
PayPal today announced plans to make the PayPal USD (PYUSD) stablecoin available on the Stellar network pending regulatory approval by the New York State Department of Financial Services (NYDFS). Stellar is a blockchain designed for fast, low-cost payments and real-world utility. By potentially expanding to Stellar, PYUSD leverages the network’s speed, low transaction costs, and ease of integration to enhance its utility for real-world payments, commerce, and micro-financing, offering an additional option to Ethereum and Solana. PYUSD on Stellar can be used for fast, affordable cross-border payments and expanded ... (full story)
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