What is PYUSD

I. Project Introduction
PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal USD is redeemable 1:1 for U.S. dollars and is issued by Paxos Trust Company.


II. Related Links
Official Website: https://www.paypal.com/pyusd
Blockchain explorer Links:https://etherscan.io/token/0x6c3ea9036406852006290770bedfcaba0e23a0e8
Community Related links:https://twitter.com/PayPal


Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.