PDAX Powers PYUSD to Peso Conversions in PayPal, Cebuana Lhuillier Partnership
The initiative, which integrates PayPalโs Xoom service, aims to offer faster and more affordable cross-border remittance options for Filipinos.
The initiative, which integrates PayPalโs Xoom service, aims to offer faster and more affordable cross-border remittance options for Filipinos.
Major Solana blockchain hackathons are now open for registration, all of them with significant prize pools and opportunities.
In today’s news recap, GCash has added a new stablecoin on the GCrypto platform.
The switch from Ethereum to Solana could offer $PYUSD traders on PDAX lower fees and faster transactions. ย
PayPal wants to take advantage of Solana’s fast transaction speed and reduced cost. That, and more news in today’s daily recap.
Coins.ph has listed $PYUSD and announced that it is waiving trading fees for the PYUSD/PHP trading pair on the platform.ย
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.