{"id":4107,"date":"2023-08-08T04:14:24","date_gmt":"2023-08-08T02:14:24","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=4107"},"modified":"2023-08-08T04:14:24","modified_gmt":"2023-08-08T02:14:24","slug":"paypal-launches-pyusd-stablecoin","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=4107","title":{"rendered":"PayPal launches PYUSD stablecoin"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">PayPal\u00a0launched\u00a0a new stablecoin called PayPal USD\u00a0(PYUSD) on August 7.<\/p>\n<p>The US dollar-linked Stablecoin will be issued by Paxos Trust Co. and will be fully backed by dollar deposits, short-term Treasury bills and similar cash equivalents.<\/p>\n<p>It is built on Ethereum and is &#8220;designed for digital payments and Web3,&#8221; with the company saying it will soon be available to US customers.<\/p>\n<p>PayPal&#8217;s launch of a stablecoin could accelerate its efforts to become a crypto-payments giant, an initiative the company started in 2020 to make room for cryptocurrencies on its platform.<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>PayPal\u00a0launched\u00a0a new stablecoin called PayPal USD\u00a0(PYUSD) on August 7. The US dollar-linked Stablecoin will be issued by Paxos Trust Co. and will be fully backed by dollar deposits, short-term Treasury bills and similar cash equivalents. It is built on Ethereum and is &#8220;designed for digital payments and Web3,&#8221; with the company saying it will soon [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4107"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/4108"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}