Bybit adds PayPal USD stablecoin, PYUSD, to its platform
Bybit, a Dubai-based cryptocurrency exchange, has announced the listing of PayPal USD stablecoin , PYUSD. PYUSD is a stablecoin issued by Paxos, a New York-based regulated financial company. The listing of PYUSD marks a significant collaboration between Bybit and PayPal, two leading players in the traditional and crypto payment sectors. By integrating PYUSD into its platform , Bybit aims to provide its users with a diverse and trusted trading experience. Ben Zhou, co-founder and CEO of Bybit, said the listing of PYUSD reaffirms Bybit’s commitment to offering its users more choices and flexibility in their crypto transactions. You might also like: PayPal introduces web3 payment solutions for businesses PayPal’s crypto journey PayPal is a leading online payment processor with significant strides in cryptocurrency. Recognizing the growing popularity and potential of digital assets, PayPal has taken steps to integrate crypto into its platform , allowing users to b...