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PayPal Expands Stablecoin to Nine Additional Blockchains

The payments company widens the availability of its stablecoin, extending its presence across multiple blockchain networks.

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Terms & Concepts
  • Stablecoin: A type of cryptocurrency pegged to a stable asset like the U.S. dollar to reduce price volatility.
  • Blockchain Network: A decentralized digital ledger where transactions are recorded, secured, and verified by a network of computers.