PayPal Uses PYUSD Stablecoin for Its First-Ever Business Payment

TL;DR PayPal completed its first business transaction using its stablecoin PYUSD, paying an invoice to Ernst & Young through SAP on September 23. PYUSD has a market capitalization of approximately $700 million and is designed to facilitate fast and secure transactions. The use of stablecoins eliminates delays and risks in B2B transactions, allowing companies to ... source: https://crypto-economy.com/paypal-uses-pyusd-stablecoin-for-its-first-ever-business-payment/