⚡️ New: PayPal expands the use of its stablecoin $PYUSD to include the Stellar network!
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💥 Details:
PayPal has announced its intention to expand the reach of its stablecoin $PYUSD across the Stellar network, making it an additional option alongside Ethereum and Solana.
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🌐 What is the significance of this step?
– Expanding access to PYUSD on multiple networks
– Reducing transaction fees and increasing speed via Stellar
– Enhancing reliance on stablecoins for global payments
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🏦 PayPal continues its strategy for digital transformation, strengthening its presence in the infrastructure of digital currencies and reflecting institutional confidence in blockchain technologies.
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❓Do you think that network diversity increases the effectiveness and spread of stablecoins?
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