HomeCrypto GamingBranded Stablecoins Like PYUSD to Proliferate as Market Expands: Bernstein

Branded Stablecoins Like PYUSD to Proliferate as Market Expands: Bernstein

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Simply this week, funds big PayPal (PYPL) mentioned it was coming into the crypto market with its personal dollar-pegged stablecoin, PayPal USD (PYUSD). It is a first for a serious monetary firm. The Ethereum-based token might be obtainable first on PayPal after which on Venmo, and may be exchanged for {dollars} at any time.

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