(PYUSD) Paypal's stablecoin is now available on Kraken.

By JavierFinanzas | JavierWorld | 28 Aug 2023

The famous Kraken cryptocurrency exchange added the stable currency of Paypal a few days ago, as indicated in a statement on Monday, August 21, 2023, this means that users can now enjoy deposits and withdrawals in the stable currency of Paypal that goes by the name PYUSD.

For those who do not know PYUSD is a stable coin launched by PayPal which is linked to the US dollar, this cryptocurrency is designed under the Ethereum network, as it will be backed by dollars, short-term treasury bonds, among others, its projection is that will always be exchanged for dollars.

Although many investors do not see PYUSD with a good face, there are many optimists who bet that it can be a good option to keep their assets stable under this stable coin, and what do you think about this project?

Cryptocurrency Bitcoin (BTC) Blockchain Crypto News Payment Proof

How do you rate this article?

JavierFinanzas

Soy una persona que busco las minimas oportunidades para poder emprender, mi intensión basica es volverme millonario antes de los 50 años, quiero aprender con todos ustedes, ven sigueme y yo te sigo, asi aprenderemos juntos en este camino lleno de vida.

JavierWorld

Everything related to the exciting world of cryptocurrencies, Cultures, Science and Technologies, among many other things, we can discover together, come follow me!