
Ethereum
PayPal launches dollar-based stablecoin on Ethereum
By Scarlett D August 7, 2023 14:46 at 14:46 UTCPayPal has today announced the launch of PayPal USD (PYUSD) – a US dollar-denominated stablecoin built on Ethereum.
Scarlett is a passionate NFT and Web3 reporter for CoinNews, where she covers the latest trends and news in the ever-evolving world of non-fungible tokens. With a knack for uncovering hidden gems and an infectious enthusiasm for all things NFT, Scarlett has quickly become a go-to source for crypto collectors and Web3 aficionados alike.
Before joining the CoinNews team, Scarlett earned her stripes as a freelance writer, covering topics ranging from blockchain technology to digital art and virtual reality. Her diverse background and keen eye for detail have equipped her with a unique perspective, allowing her to deliver fresh and engaging content that resonates with the rapidly growing NFT community.
PayPal has today announced the launch of PayPal USD (PYUSD) – a US dollar-denominated stablecoin built on Ethereum.
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