PYUSD-PayPal USDDetailed Description

PYUSD-PayPal USD Detailed Description

PayPalUSD (PYUSD) is PayPal's stablecoin that is "fully backed by U.S. dollar deposits" and can be bought and sold on PayPal's app or website for $1 per PYUSD.
With PYUSD, you can make person-to-person payments, use the currency to fund purchases at checkout, and transfer PYUSD between PayPal and other external wallets.