Coins.ph has listed $PYUSD and announced that it is waiving trading fees for the PYUSD/PHP trading pair on the platform.
A screenshot shared with BitPinas suggests that transactions involving PYUSD on the PDAX platform may provide more favorable rates compared to the standard dollar rates on PayPal.
The company has stated that it is cooperating with the U.S. regulator in connection with this request.
As of this writing, it is already integrated into multiple web3 apps, including MetaMask, Phantom, Ledger, and Magic.
Global payments company PayPal is entering the cryptocurrency market with its U.S. dollar-pegged stablecoin, PayPalUSD.
Metamask’s mother company, Consensys, has integrated Paypal into the wallet. Select US users can now purchase and transfer ETH from PayPal to Metamask.
The feature is available to select US users starting June 7 and will be rolled out to all eligible US customers ‘in the coming weeks.’
Also, YGG scholars have collectively earned 10 million SLP.
Also, PayPal appears to be exploring to launch a stablecoin. Also, Vitalik Buterin is now a billionaire.
Also, JPMorgan is now the latest bank to offer certain clients the option to invest in an actively managed Bitcoin Fund, which would roll out around summer.