Logo
Cardano Ecosystem

CoinCu News

10/02/2024

·

27 views


PayPal PYUSD Is Now Available On MoonPay In Supported Countries - Coincu

31 mins ago - Around 2 mins mins to read Key points: PayPal USD can now be purchased on MoonPay via all major payment methods in all supported countries, excluding Canada. PYUSD is a...

PayPal PYUSD Is Now Available On MoonPay In Supported Countries - Coincu

31 mins ago - Around 2 mins mins to read

Key points:

  • PayPal USD can now be purchased on MoonPay via all major payment methods in all supported countries, excluding Canada.
  • PYUSD is a dollar-redeemable, payments-focused stablecoin reportedly backed 100% by U.S. dollar deposits, short-term U.S. Treasuries and similar cash equivalents.
PayPal PYUSD is now available on MoonPay in all supported countries, except Canada, allowing users to purchase the stablecoin using major payment methods globally.
PayPal PYUSD Is Now Available On MoonPay In Supported Countries

PayPal PYUSD Is Now Available on MoonPay

As of today, PayPal’s stablecoin, PYUSD, is available to purchase via MoonPay with all major payment methods in all supported countries, excluding Canada. This follows a strategic partnership that aims at increasing access to digital assets.

By integrating MoonPay, users will be able to buy PYUSD-a dollar-redeemable stablecoin backed by U.S. dollar deposits and short-term U.S. Treasuries-easily, which extends the latter’s presence in the world.

Read more: Solana-based PYUSD Now Competing Intense With Tokens on the Ethereum Network

Strategic Integration Expands PYUSD Access via MoonPay

MoonPay has officially added PayPal’s PYUSD to its platform; it can be purchased in all supported countries except Canada. The stablecoin is part of PayPal’s bigger plan to stake a claim in the fintech crypto market.

Because the PYUSD is collateralized through U.S. dollar deposits, this deal solidifies its position as a premium stablecoin and gives consumers more options for secure, fiat-backed digital assets.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on CoinCu News

ORIGINAL SOURCE

https://coincu.com/285301-paypal-pyusd-i...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from CoinCu News

See more
KuCoin Delivers Attractive Benefits, Bitget Token Rebounds and Qubetics Presale Surpasses $1.2 Million - Coincu
CoinCu News
KuCoin Delivers Attractive Benefits, Bitget Token Rebounds and Qubetics Presale Surpasses $1.2 Million - Coincu

10/09/2024

·

42 views

Related News

See more
Cardano Summit 2024

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)