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Cryptopolitan 2023-08-10 09:29:45

PayPal’s PYUSD Stablecoin Launch Raises Eyebrows in Washington

In a move that has ruffled feathers in the corridors of power, American payments behemoth PayPal recently unveiled its USD-pegged PYUSD stablecoin, issued by Paxos Trust Co. However, the announcement was met with skepticism and concern from some quarters, most notably from Democrat congresswoman Maxine Waters. Congresswoman Maxine Waters Voices Concerns Waters, known for her ... Read more

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