PayPal PYUSD stablecoin is 100% backed: Paxos transparency report - SMARTNAIRA

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    Wednesday 13 September 2023

    Home Cointelegraph.com News cryptocurrency PayPal PYUSD stablecoin is 100% backed: Paxos transparency report

    PayPal PYUSD stablecoin is 100% backed: Paxos transparency report

    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.



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