PayPal’s Stablecoin Launch Opens Floodgates for Scam Tokens; Here’s How to Identify Real PYUSD

PayPal’s Stablecoin Launch Opens Floodgates for Scam Tokens; Here’s How to Identify Real PYUSD

PayPal, the US-based online payments giant, has launched PYUSD — its own stablecoin pegged to the US dollar. Banking on PayPal’s massive userbase, crypto scammers have jumped into action to use the opportunity to hunt for victims. Within the first few hours of its launch alone, a bunch of crypto…