On Thursday, August 17, 2023, the Dubai-based digital currency exchange Bybit said it will list Paypal’s new stablecoin, PYUSD. Bybit, a cryptocurrency exchange co-founded in March 2018 by Ben Zhou, is one of the largest exchanges to announce it will list the PYUSD token to date. “We’ll List PYUSD imminently,” Zhou explained in a statement sent to Bitcoin.com News. “We are truly impressed by Paypal’s introduction of the USD stablecoin (PYUSD) and its vision for the future of payments.”