Paypal Launches Us Dollar Stablecoin Financial Payments Transfers Digital Currency Paypal

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PayPal Launches US Dollar Stablecoin for Financial Payments, Transfers

ByNews Polite August 7, 2023

Payments giant PayPal said on Monday it has launched a US dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers. While stablecoins — crypto tokens whose monetary value is pegged to a stable asset to protect from wild volatility — have been…

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