PayPal has announced that it will join the stablecoin market with $PYUSD, and Blockchain has confirmed this, recording PayPal USD. The announcement says that the stablecoin will be backed by investments in US dollars and short-term US Treasuries. In a news statement, the company’s president and CEO, Dan Schulman, said, “The move towards digital currencies … Continue reading PayPal enters the stablecoin market with $PYUSD.