Birdwatch Note Rating
2023-08-08 16:36:49 UTC - HELPFUL
Rated by Participant: 5332702DAA8B8FB18DDF55AB80B61A5810A7C829F0AFCFAD63053134F2680582
Participant Details
Original Note:
PayPalUSD is a stablecoin launched by PayPal, fully backed by US dollar deposits. It can be bought or sold on PayPal’s app or website at $1.00 per PYUSD. PYUSD is built on Ethereum and issued by the Paxos Trust Company. https://www.theverge.com/2023/8/7/23822752/paypal-pyusd-stablecoin-cryptocurrency https://www.msn.com/en-au/money/markets/mooners-and-shakers-paypal-launches-usd-pegged-stablecoin-pyusd-bitcoin-cheers-up-a-bit/ar-AA1eVBkc
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