PayPal has made a noteworthy advancement in its digital assets division by completing its first business transaction using its PYUSD stablecoin. This move signifies PayPal's continued efforts to integrate digital currencies into its operations and boost the utilization of its stablecoin.
The successful transaction marks a pivotal moment for PayPal as it seeks to strengthen its presence in the cryptocurrency space and enhance the role of digital currencies in its overall business strategy.
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