PayPal PYUSD stablecoin is 100% backed: Paxos transparency report

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The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug. 31, Paxos report states.

Source: Cointelegraph.com News

#Stablecoin, #PayPal, #PayPalUSD, #Paxos

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