Within six weeks of launching its stablecoin PYUSD, PayPal Holdings Inc (NASDAQ: PYPL) managed to not only be compatible with numerous blockchain platforms but also been able to secure a spot in the New York Department of Financial Services (NYDFS) greenlist.
What Happened? PayPal announced in a blog post today, “Individuals using compatible external wallets, and merchants accepting payments in PYUSD, will also be able to receive transfers from Venmo users. Blockchain network fees apply.”
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