PayPal Taps Native Stablecoin PYUSD for Business Payment to Accounting Giant Ernst & Young: Report
October 04 2024 - 2:45PM
The Daily Hodl
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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