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PayPal Expands PYUSD Stablecoin Services for U.S. Merchants

The company says U.S. businesses can now accept, hold, and transfer PYUSD, a dollar-pegged stablecoin, through PayPal’s platform.

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Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a fixed value, often by being pegged to a fiat currency such as the U.S. dollar.
  • PYUSD: PayPal’s U.S. dollar-pegged stablecoin, created for digital payments and transfers on blockchain-based networks.