PayPal Ventures Expands PYUSD with Investment in Stable

Reported 2 days ago

PayPal Ventures has invested in Stable to integrate PayPal USD (PYUSD) into Stablechain, enhancing its distribution and aiming to expedite global transactions at lower costs. Stable's blockchain is engineered for stablecoin transactions with quick finality and minimal fees, addressing infrastructure challenges that hinder widespread adoption. This collaboration is set to unlock new commercial opportunities, especially in markets where dollar-based transactions are crucial.

Source: YAHOO

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