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PayPal partners with Xoom to expand the use of its stablecoin, $PYUSD, for cross-border payments, targeting emerging markets in Asia and Africa for faster transactions.

MicroStrategy’s bold Bitcoin strategy has had a major impact on its own success. The company has now climbed into the top 100 publicly traded companies in the US, now ranking 97th. 

BFUSD is not designed like a traditional stablecoin. Instead, Binance describes it as a “reward-bearing margin asset” for futures trading.