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coinpedia 2023-08-10 13:47:48

US Lawmaker Expresses Major Concerns With PayPal Stablecoin Launch

The post US Lawmaker Expresses Major Concerns With PayPal Stablecoin Launch appeared first on Coinpedia Fintech News On Monday, PayPal made a bold announcement about the launch of a stablecoin named PayPal USD (PYUSD), which is linked to the value of the U.S. dollar. Since the launch of its stablecoin Paypal has garnered a fair amount of criticism. Congresswoman Waters raises concern over PayPal’s PYUSD Launch. In a press release on Wednesday, …

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