pyusd

Singapore-based exchange, Crypto.com has become the preferred platform for PayPal Holdings Inc's (NASDAQ: PYPL) PYUSD in a partnership with the company and its issuer Paxos. Currently, Crypto.com has the strongest liquidity for PYUSD trading pairs at a global level. The exchange has listed...

Within six weeks of launching its stablecoin PYUSD, PayPal Holdings Inc (NASDAQ: PYPL) managed to not only be compatible with numerous blockchain platforms but also been able to secure a spot in the New York Department of Financial Services (NYDFS) greenlist. What Happened? PayPal...

Paxos, the issuer of PayPal Holdings Inc (NASDAQ: PYPL) stablecoin, PYUSD, stated in a transparency report that the PYUSD is supported by cash reserves and U.S. Treasury reverse repurchase agreements. As of Aug. 31, $45.36 million is backed in Treasury securities, out of which $1.5 million is in...