Payment processing giant PayPal launched crypto payments in 2020 and has since been actively involved in the sector. 3970 Total views 54 Total sharesBreaking: PayPal launches PYUSD stablecoin for paymentAmerican financial technology company PayPal launched a new stablecoin called PayPal USD (PYUSD) on Aug. 7. The U.S. dollar-pegged stablecoin will be issued by Paxos Trust Co. and fully backed by U.S. dollar deposits, short-term Treasurys and similar cash equivalents. It’s built on Ethereum an...