PayPal Conducts First B2B Transaction Using PYUSD Stablecoin

TLDR PayPal completed its first business payment using PYUSD stablecoin to Ernst & Young The payment was made through SAP’s digital currency hub PYUSD has a $699 million market cap, ranking 8th among stablecoins PayPal is expanding digital asset capabilities for business users in the US The stablecoin market is attracting more players as regulations [...] The post PayPal Conducts First B2B Transaction Using PYUSD Stablecoin appeared first on Blockonomi.