PayPal plans to make its stablecoin available on Stellar blockchain

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:Silhouette of upset Australian woman over PayPal logo

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PayPal Holdings (NASDAQ:PYPL) is planning to make its dollar-pegged stablecoin, PayPal USD (PYUSD-USD), available on the Stellar (XLM-USD) blockchain, leveraging its speed and low transaction costs for use cases like real-world payments, commerce and micro-financing, it said on Wednesday.

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