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            <title>PayPal launches its own stablecoin, PayPalUSD (PYUSD), for payments</title>
            <link>https://www.neowin.net/news/paypal-launches-its-own-stablecoin-paypalusd-pyusd-for-payments/</link>
            <description>&lt;div style="float:left;margin-right:10px;"&gt;&lt;img src="https://cdn.neowin.com/news/images/uploaded/2023/08/1691419912_paypal_stablecoin_medium.jpg" alt="" /&gt;&lt;/div&gt;PayPal launches PYUSD stablecoin. It is backed by USD deposits, pegged to the US dollar, on the Ethereum blockchain via Paxos Trust. The company enables P2P payments and conversions to other cryptos. &lt;a href="https://www.neowin.net/news/paypal-launches-its-own-stablecoin-paypalusd-pyusd-for-payments/"&gt;Read more...&lt;/a&gt;</description>
            <author>Omer Dursun</author>
            <pubDate>Mon, 07 Aug 2023 15:20:01 +0000</pubDate>
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