MoonPay Expands Support for PayPal’s PYUSD Stablecoin Worldwide, Excluding Canada

Quick Summary:

MoonPay Expands Support for PayPal’s PYUSD Stablecoin Worldwide, Excluding Canada In a move that further integrates cryptocurrencies into the mainstream financial ecosystem, MoonPay, a leading crypto payments firm, has expanded its support for PayPal’s PYUSD stablecoin to users in all supported countries, with the exception of Canada.

PayPal’s entry into the stablecoin space with PYUSD has given the market a new, trusted player that can serve as a bridge between the traditional financial world and the rapidly evolving crypto space.

As more businesses accept cryptocurrencies as a form of payment, the use of stablecoins like PYUSD is likely to grow, especially as a hedge against the volatility of other crypto assets.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaCanada

Topics: Moonpay Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-03 @ 03:52:09 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1071 words

Reading Time: 6 minutes read

Sentences: 48 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22857336

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 22 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

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Publisher ID: #121

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