Payments giant PayPal has reportedly completed its first business transaction using the dollar-pegged stablecoin it launched last year. Bloomberg reports that on September 23rd, the San Francisco-based company used PayPalUSD (PYUSD) to pay an invoice to the Big Four accounting firm Ernst & Young. Paypal settled the undisclosed amount using SAP digital currency hub, a […]

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The post PayPal Taps Native Stablecoin PYUSD for Business Payment to Accounting Giant Ernst & Young: Report appeared first on The Daily Hodl.
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