It's a really terrible project with a huge centralization. The main idea behind DeFi is in the first two letters De - decentralization, however, in this project we see how a big web2 project wants to come and bring its centralized values to the world of cryptocurrency.The feature that allows you to freeze your account is crazy. Exactly how it is implemented here. The whole project looks like this, the user brings money to Paypal and Paypal gives you PYUSD, and what will happen with your money is not clear, but it is clear that Paypal will monitor how you use PYUSD, this is a huge disadvantage. To summarize, it seems to me that Paypal would be better off thinking about introducing other stablecoins with their system rather than creating their own Show Less