PayPal rolls out dollar stablecoin to boost digital tokens for payments

Representative Image (Photo: Reuters) PayPal Holdings Inc. is rolling out a stablecoin, the first by a large financial company and a potentially significant boost to the sluggish adoption of digital tokens for payments.    PayPal $ (PYUSD) is issued by Paxos Trust Co. and fully backed by US dollar deposits, short-term Treasuries and… Continue reading PayPal rolls out dollar stablecoin to boost digital tokens for payments