CryptoKnight
Tue Oct 15 2024
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5 answers
1572
Is pyusd a stable coin?
I'm wondering if pyusd can be considered a stable coin. I want to know if it maintains a relatively stable value compared to some standard, like the US dollar, or if its price fluctuates significantly.
Dario
Tue Oct 15 2024
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5 answers
909
What is PayPal USD/PYUSD?
PayPal USD (PYUSD) is a stablecoin issued by PayPal on the Ethereum network. It is fully backed by US dollar deposits, US Treasuries, and cash equivalents, providing a 1:1 peg to the USD. PYUSD aims to enhance virtual payments, offering faster and more efficient transactions. Paxos, a regulated partner, issues PYUSD, ensuring transparency and trust.
Federico
Tue Oct 15 2024
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6 answers
1837
When did PayPal launch Pyusd?
PayPal officially announced the launch of its stablecoin, PYUSD, on August 8, 2023. The announcement came after several months of speculation and regulatory challenges, marking a significant milestone in PayPal's entry into the cryptocurrency market.
CryptoPioneer
Tue Oct 15 2024
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7 answers
1695
What is Pyusd used for?
I'm wondering about the purpose of Pyusd. Could someone explain what it's mainly used for?
Giuseppe
Tue Oct 15 2024
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6 answers
1366
How to send pyusd from PayPal?
I have some money in my PayPal account and I want to send it as pyusd to someone else. How can I do that through PayPal? Is there a specific process or option I need to follow to send pyusd from my PayPal account?
