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REGULATION
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2 years ago

PayPal Stablecoin Starts Trading On Kraken Today

2023-08-21

REGULATION
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2 years ago





PayPal USD is now available on Kraken and Kraken Pro. PYUSD start trading today on August 21, 2023. PYUSD is a stablecoin collateralized by USD deposits, short-term U.S. treasuries and other similar assets. PayPal USD runs on the Ethereum blockchain. 

 

ByBit already listed PayPal USD on August 17. While, Huobi listed PayPal USD on August 8.

 

Note that PayPal USD is at the first stage of adoption.

 

Currently, PayPal USD has a total supply of 26,905,006 PYUSD.

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