Welcome to Discussion Bucks

Earn Cash While You Engage!

Join the ultimate paid-to-post forum where your opinions earn you real cash! 🌟 💵 Earn While You Post: Share your thoughts and watch your earnings grow. 🌐 Global Community: Connect with members worldwide. 🎁 Exclusive Perks: Enjoy rewards and VIP perks. Get Started in Minutes!

SignUp Now!

PayPal USD Overview

Joined
Oct 1, 2023
Messages
5,888
Reaction score
570
Trophy Points
45
D Bucks
💵2.419225
Referral Credit
0
PayPal USD or PYUSD is a stablecoin that runs on the Ethereum blockchain and operates as an ERC-20 token. PYUSD is pegged to USD at a ratio of 1:1 and is also backed by short-term US securities. PYUSD is issued by PayPal and collaborates with Paxos with the aim of being a digital payment and on Web3. Currently the value of PayPal USD or PYUSD is equivalent to $0.998. Market cap $298 million. Some well-known exchanges that provide PYUSD include: Coinbase, Kraken, HTX, Bybit, Bitget etc. However, in my country PayPal does not provide the PYUSD feature, what about in your country?
 
It is in my country but i have not been keeping up on the details. on the exchange rates.
I am sure you mean the yellow card app right? This wallet is tailored for our convenience in most African countries as we can make deposit and withdrawal transactions to banking facilities and mobile money facilities. The recent introduction of Paypal USD now links us to a Vimoe account which is now linking us to the world out there.
 
PYUSD has seemed to fail as a stable coin. I don't see anyone using it that frequently. In fact, I have never seen it's usage as a payment method or as an hedge..I think PYUSD would just naturally fizzle out.
 
Back
Top Bottom