Oh DEAR
DEAR: A Blockchain Game Born from Within, Not Held Back by It
Bitcoin Sneakers
Donald Trump is now selling Bitcoin-themed sneakers! After his keynote at the Bitcoin 2024 conference in Nashville, the former president took to soci...
Bitcoin Staking
Bitcoin Staking Has Arrived!
Oh DEAR
DEAR: A Blockchain Game Born from Within, Not Held Back by It
Bitcoin Sneakers
Donald Trump is now selling Bitcoin-themed sneakers! After his keynote at the Bitcoin 2024 conference in Nashville, the former president took to soci...
Bitcoin Staking
Bitcoin Staking Has Arrived!
Share Dialog
Share Dialog
Subscribe to aundingoya.eth
Subscribe to aundingoya.eth
<100 subscribers
<100 subscribers
PayPal has completed its first business transaction using its PYUSD stablecoin, paying an invoice to accounting giant Ernst & Young. The move aims to showcase how easy and efficient digital currencies can be for commercial payments. The payment was made through an enterprise-level digital currency hub, with the funds deposited into Ernst & Young’s Coinbase account.
While PYUSD’s market cap has dipped from over $1 billion to around $716 million, PayPal is focused on expanding its digital assets efforts, including new crypto services for U.S. businesses. PayPal’s Steve Everett emphasized that stablecoins can offer faster, 24/7 payments compared to traditional invoice terms.
PayPal has completed its first business transaction using its PYUSD stablecoin, paying an invoice to accounting giant Ernst & Young. The move aims to showcase how easy and efficient digital currencies can be for commercial payments. The payment was made through an enterprise-level digital currency hub, with the funds deposited into Ernst & Young’s Coinbase account.
While PYUSD’s market cap has dipped from over $1 billion to around $716 million, PayPal is focused on expanding its digital assets efforts, including new crypto services for U.S. businesses. PayPal’s Steve Everett emphasized that stablecoins can offer faster, 24/7 payments compared to traditional invoice terms.
No activity yet