PayPal's $PYUSD: Transforming Digital Finance with Blockchain-Based Cryptocurren

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Quote from: The Future on September 26, 2023, 12:30:11 PM

$PYUSD represents a significant leap forward in their efforts to streamline digital finance.

Nothing new, just another ERC20 on Ethereum blockchain

Quote from: The Future on September 26, 2023, 12:30:11 PM

I'm so excited about this new gem. But I would like to hear the thoughts of you guys too.

Nothing exiting.

Zee27

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Quote from: Hamza2424 on September 26, 2023, 02:09:00 PM

Hmm, First of all, I think Op this topic doesn't belong to this section. I think it should be in the Economics section, on the point of PYUSD, as digital finance in the crypto industry the current capital PYUSD owns is like the Drop in Ocean so keep in mind that PYUSD cant stand a chance in front of the Stables coins as USDT, USDC or Even DAI. There is a total market cap of $44,361,852 USD for the PYUSD and $86,398,323,767 market cap of the USDT. See the difference in my views the PYUSD is nothing more than a shitcoin.

Tarfoamtion of digital Finance is only possible with Bitcoin, Bitcoins cant fix the damages and there are a lot of vulnerabilities in them and Bitcoin is a pure gem for all the fixes. We don't give a shit about what Paypal says and the only sentiment is BTCitcoin.

I don't think anyone is disputing the place of Bitcoin in the transformation of digital finance. Op is talking about stables equivalent to dollars. Maybe with given time PYUSD could match up with other stables.

Hamza2424

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Hmm, First of all, I think Op this topic doesn't belong to this section. I think it should be in the Economics section, on the point of PYUSD, as digital finance in the crypto industry the current capital PYUSD owns is like the Drop in Ocean so keep in mind that PYUSD cant stand a chance in front of the Stables coins as USDT, USDC or Even DAI. There is a total market cap of $44,361,852 USD for the PYUSD and $86,398,323,767 market cap of the USDT. See the difference in my views the PYUSD is nothing more than a shitcoin.

Tarfoamtion of digital Finance is only possible with Bitcoin, Bitcoins cant fix the damages and there are a lot of vulnerabilities in them and Bitcoin is a pure gem for all the fixes. We don't give a shit about what Paypal says and the only sentiment is BTCitcoin.

Altcoiner007

jr. member

Activity: 147

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Truly, PayPal has been a trailblazer in the crypto space, from allowing users to transfer, send and receive popular digital tokens sometime last year, then launching its own U.S. dollar-backed stablecoin. I saw it coming - I read the signs! Just thinking they'd strive for dominance over USDT.

The Future

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In the ever-evolving landscape of digital finance, a new player has emerged on the scene: PayPal USD ($PYUSD). It is a digital currency developed by PayPal, one of the world's leading online payment platforms. While PayPal has been facilitating online transactions for years, $PYUSD represents a significant leap forward in their efforts to streamline digital finance. Unlike traditional currencies like the US Dollar (USD), $PYUSD is a blockchain-based cryptocurrency. This means that transactions involving $PYUSD are recorded on a secure and decentralized ledger, providing increased transparency and security. Currently, PYUSD is listed on several reputable cryptocurrency exchanges, including KuCoin, Bitget, BitMart, Gate_io, Huobi, etc.

I'm so excited about this new gem. But I would like to hear the thoughts of you guys too.

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