This is great for the mainstream adoption of crypto, as mum and dad will likely be far more accepting to a digital dollar with a PayPal logo on it, rather than USDT or USDC, which are created from entities they have never heard about. Show More
In today's review, I will concentrate on the current situation with PYUSD. It appears that there was a lot of talk about this stablecoin during its launch, but it quickly faded into the background. Show More
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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. Show More
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$PYUSD has 435M users. Expected $1.49T of payment volume going through their network. Show More
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Paypal to issue dollar-pegged crypto stablecoin based on Ethereum
PayPal, the payments behemoth valued at over $71 billion, is making a big move into the crypto world with the launch of #PYUSD - a new stablecoin pegged to the US dollar. Show More
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PYUSD vs Tether
Currently, there's a prevailing notion that PayPal's USD stablecoin might surpass Tether in prominence. Show More
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I would give this coin 1/5 stars for On-Chain Activity.
With 99.99% of the overall supply spread between 2 accounts, PayPal USD has been able to get only 33 token holders and 219 transactions. Show More
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PYUSD's recent entry into onchain activities has been met with minimal initial engagement. Show More
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In a ‘strategic’ move that captured the attention of the whole of the financial world, PayPal unveiled its latest endeavour: Show More
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A series of counterfeit tokens of PayPal's stablecoin - PYUSD have emerged.
Similar to USDT or USDC, PayPal USD (PYUSD) is a type of stablecoin backed by the US dollar, short-term US government bonds, and other cash-equivalent assets. Show More
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PayPal's introduction of #PYUSD is an exciting development that could significantly advance the mainstream adoption of cryptocurrencies and blockchain technology. Show More
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As this is a stable coin, the rate of the coin will not increase more than it's pegged value. Show More
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PYUSD has certainly stirred up some debates, of which the primary bone of contention is probably its centralized nature. Show More
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PayPal's new PYUSD stablecoin aims to merge the convenience of PayPal with the speed and efficiency of crypto. Show More
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I don't know why anyone would trust PayPal when it comes to crypto. Here are 2 reasons why I would never use PYUSD. Show More
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This innovative digital asset seamlessly combines the convenience of PayPal with the cutting-edge technology of cryptocurrencies, creating a captivating and secure platform for financial transactions. Show More
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