Summary of PayPal, Ernst & Young settle first corporate payment via PYUSD stablecoin
Summary of PayPal, Ernst & Young settle first corporate payment via PYUSD stablecoin
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The source article:
PayPal has completed its first business payment using its proprietary USD-pegged stablecoin, PYUSD, to Ernst & Young, demonstrating the potential for stablecoins in corporate transactions. The payment was made through SAP's digital currency hub and was a way to showcase the stability of PYUSD.
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The source article:
quoting nevent1q…c66zPayPal, Ernst & Young settle first corporate payment via PYUSD stablecoin
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/019253ed-6cc6-763f-a2d6-aafa15b46c2f
PayPal deepens its push into PYUSD for business transactions, making its first payment using the stablecoin.
https://cointelegraph.com/news/paypal-ernst-young-settle-first-corporate-payment-pyusd-stablecoin
PayPal has completed its first business payment using its proprietary USD-pegged stablecoin, PYUSD, to Ernst & Young, demonstrating the potential for stablecoins in corporate transactions. The payment was made through SAP's digital currency hub and was a way to showcase the stability of PYUSD.