PayPal: U.S. users can now directly exchange PYUSD for dollars via Xoom
According to PayPal's official website, its cross-border remittance service Xoom announced today that it now allows US Xoom users to convert their held PayPal stablecoin PYUSD into dollars. This can be used 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
The Dow Jones Index closed down 94.87 points, with the S&P 500 and Nasdaq also declining.
U.S. stocks closed slightly lower across the three major indexes, with Baidu rising over 4%
Federal Reserve meeting minutes: Participants believe reserve balances have declined to an ample level