PayPal: Xoom has allowed US users to convert PYUSD directly to USD
According to ChainCatcher, as disclosed on the official website of PayPal, its cross-border remittance service Xoom now allows U.S. Xoom users to convert their PayPal stablecoin PYUSD into dollars and use it as a source of funds for remittances to recipients in approximately 160 countries/regions worldwide.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ontology Joins Circle Alliance Program: A Strategic Leap for Blockchain and USDC Integration
Unstoppable Bitcoin Bull Run: Analyst Reveals 3 Key Signals It’s Just Getting Started
Critical Decision: Strategy’s Potential MSCI Index Removal Sparks $8.8 Billion Outflow Fears
Critical Bitcoin Short-Term Holder Losses Signal Imminent Market Shift