Stablecoins Account for 86 of Transfer Volume NFTs Gaming Chip In 018

PayPal recently its own stablecoin, PYUSD, 100% backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar cash equivalents. This launch made PayPal the first major U.S. financial company to launch its own U.S. dollar-backed stablecoin. Several other companies have been making developments on this front. Japan’s largest bank, Mitsubishi…Read More

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