Key points:
PayPal USD can now be purchased on MoonPay via all major payment methods in all supported countries, excluding Canada.
PYUSD is a dollar-redeemable, payments-focused stablecoin reportedly backed 100% by U.S. dollar deposits, short-term U.S. Treasuries and similar cash equivalents.
PayPal PYUSD is now available on MoonPay in all supported countries, except Canada, allowing users to purchase the stablecoin using major payment methods globally.
PayPal PYUSD Is Now Available on MoonPay
As of today, PayPal’s stablecoin, PYUSD, is available to purchase via MoonPay with all major payment methods in all supported countries, excluding Canada. This follows a strategic partnership that aims at increasing access to digital assets.
By integrating MoonPay, users will be able to buy PYUSD-a dollar-redeemable stablecoin backed by U.S. dollar deposits and short-term U.S. Treasuries-easily, which extends the latter’s presence in the world.
Read more: Solana-based PYUSD Now Competing Intense With Tokens on the Ethereum Network
Strategic Integration Expands PYUSD Access via MoonPay
MoonPay has officially added PayPal’s PYUSD to its platform; it can be purchased in all supported countries except Canada. The stablecoin is part of PayPal’s bigger plan to stake a claim in the fintech crypto market.
Because the PYUSD is collateralized through U.S. dollar deposits, this deal solidifies its position as a premium stablecoin and gives consumers more options for secure, fiat-backed digital assets.
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