You are viewing a single comment's thread from:RE: LeoThread 2023-08-08 00:22View the full contextvikvitnik (71)in LeoFinance • last year #outreach #threadstorm 1/🧵 PayPal has launched its stablecoin (PayPal USD - PYUSD) pegged 1:1 to the US dollar! #web3
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This stablecoin will be backed by at least three reserve funds that will ensure its liquidity and security.
Paxos is the company responsible for generating PYUSD (ERC-20 Token) through the Ethereum blockchain.
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If you are interested in learning more about this launch, I invite you to read what I have written.
https://leofinance.io/@vikvitnik/paypal-launches-its-stablecoin-for-digital-payments-and-web3-pyusd-built-on-the-ethereum-blockchain