PayPal Invests in Stablecoin-Focused Layer 1 ‘Stable’ to Expand PayPal USD Distribution, Utility, and Liquidity
Following PayPal Ventures’ strategic investment, Stable brings permissionless use of PayPal USD onto its blockchain Stable, the layer 1 blockchain network powered by USDT and designed to achieve seamless financial transactions through stablecoins, announced that users will be able to utilize PayPal USD (PYUSD), a stablecoin issued by PayPal and pegged......