PayPal: Xoom has allowed US users to convert PYUSD directly to USD
According to ChainCatcher, as disclosed on the official website of PayPal, its cross-border remittance service Xoom now allows U.S. Xoom users to convert their PayPal stablecoin PYUSD into dollars and use it as a source of funds for remittances to recipients in approximately 160 countries/regions worldwide.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BSB (BlockStreet) 24-Hour Volatility at 78.4%: Correction Following Surge Driven by Staking Launch and RWA Narrative
MEZO 24-hour amplitude reaches 52.1%: Low liquidity causes violent fluctuations
TRU (TrueFi) fluctuates 51.4% in 24 hours: Trading volume surges 63% driven by suspected whale purchases