On Monday, the internet is buzzing about the financial giant Paypal launching a dollar-backed stablecoin. “The vision over time is that this becomes a part of the overall payments infrastructure,” Paypal CEO Dan Schulman stated during an interview with Bloomberg. Dubbed “paypal usd (PYUSD),” the coin is issued by Paxos Trust Co. and is reportedly entirely supported by U.S. dollar deposits, short-term Treasury securities, and comparable low-risk assets. Tethered to the U.S. dollar, it will progressively become accessible to Paypal’s U.S. clientele, the report notes.
LIVE
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,887.00
▲ +0.80%
ETH
$1,912.63
▲ +0.60%
USDT
$0.999496
▲ +0.00%
BNB
$591.36
▼ -0.20%
USDC
$0.999693
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.84
▲ +1.60%
TRX
$0.327653
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.13
▼ -3.00%
DOGE
$0.069918
▲ +0.90%
USDS
$0.999865
▲ +0.00%
RAIN
$0.012716
▲ +1.40%
LEO
$9.72
▼ -0.30%
ZEC
$506.63
▲ +0.20%
ADA
$0.200601
▲ +0.20%
XMR
$380.63
▲ +3.30%
WBT
$56.12
▲ +0.80%
LINK
$8.18
▼ -0.50%
XLM
$0.161805
▼ -0.50%
DAI
$0.999864
▲ +0.00%
BCH
$215.88
▲ +1.20%
USD1
$0.999895
▲ +0.00%
USDE
$0.999725
▲ +0.00%
GRAM
$1.35
▼ -0.70%
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,887.00
▲ +0.80%
ETH
$1,912.63
▲ +0.60%
USDT
$0.999496
▲ +0.00%
BNB
$591.36
▼ -0.20%
USDC
$0.999693
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.84
▲ +1.60%
TRX
$0.327653
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.13
▼ -3.00%
DOGE
$0.069918
▲ +0.90%
USDS
$0.999865
▲ +0.00%
RAIN
$0.012716
▲ +1.40%
LEO
$9.72
▼ -0.30%
ZEC
$506.63
▲ +0.20%
ADA
$0.200601
▲ +0.20%
XMR
$380.63
▲ +3.30%
WBT
$56.12
▲ +0.80%
LINK
$8.18
▼ -0.50%
XLM
$0.161805
▼ -0.50%
DAI
$0.999864
▲ +0.00%
BCH
$215.88
▲ +1.20%
USD1
$0.999895
▲ +0.00%
USDE
$0.999725
▲ +0.00%
GRAM
$1.35
▼ -0.70%
BTC
$64,887.00
▲ +0.80%
ETH
$1,912.63
▲ +0.60%
USDT
$0.999496
▲ +0.00%
BNB
$591.36
▼ -0.20%
USDC
$0.999693
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.84
▲ +1.60%
TRX
$0.327653
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.13
▼ -3.00%
DOGE
$0.069918
▲ +0.90%
USDS
$0.999865
▲ +0.00%
RAIN
$0.012716
▲ +1.40%
LEO
$9.72
▼ -0.30%
ZEC
$506.63
▲ +0.20%
ADA
$0.200601
▲ +0.20%
XMR
$380.63
▲ +3.30%
WBT
$56.12
▲ +0.80%
LINK
$8.18
▼ -0.50%
XLM
$0.161805
▼ -0.50%
DAI
$0.999864
▲ +0.00%
BCH
$215.88
▲ +1.20%
USD1
$0.999895
▲ +0.00%
USDE
$0.999725
▲ +0.00%
GRAM
$1.35
▼ -0.70%
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,887.00
▲ +0.80%
ETH
$1,912.63
▲ +0.60%
USDT
$0.999496
▲ +0.00%
BNB
$591.36
▼ -0.20%
USDC
$0.999693
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.84
▲ +1.60%
TRX
$0.327653
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.13
▼ -3.00%
DOGE
$0.069918
▲ +0.90%
USDS
$0.999865
▲ +0.00%
RAIN
$0.012716
▲ +1.40%
LEO
$9.72
▼ -0.30%
ZEC
$506.63
▲ +0.20%
ADA
$0.200601
▲ +0.20%
XMR
$380.63
▲ +3.30%
WBT
$56.12
▲ +0.80%
LINK
$8.18
▼ -0.50%
XLM
$0.161805
▼ -0.50%
DAI
$0.999864
▲ +0.00%
BCH
$215.88
▲ +1.20%
USD1
$0.999895
▲ +0.00%
USDE
$0.999725
▲ +0.00%
GRAM
$1.35
▼ -0.70%
