PayPal announced today that PYUSD, its stablecoin for payments and transfers, is now available on Venmo.

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PayPal announced today that PYUSD, its stablecoin for payments and transfers, is now available on Venmo. The stablecoin is available to select users starting today and will be rolling out fully in the coming weeks. The company also announced that it has been greenlisted by the New York State Department of Financial Services.

PayPal’s PYUSD stablecoin is now available on Venmo