PayPal Completes First Business Transaction Using PYUSD Stablecoin
In a groundbreaking move, PayPal Holdings Inc. has successfully executed its first business transaction using its proprietary stablecoin, PYUSD. The transaction, which took place on September 23, involved settling an invoice with Ernst & Young LLP via SAP’s digital currency hub, marking a significant milestone in integrating digital currencies into mainstream financial operations. Key Highlights …
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