BTC logo
BTC
$108,515.11
2.27%
ETH logo
ETH
$3,887.70
1.93%
USDT logo
USDT
$1.0003
0.01%
BNB logo
BNB
$1,163.42
0.57%
XRP logo
XRP
$2.3230
3.49%
SOL logo
SOL
$185.76
4.13%
USDC logo
USDC
$1.0000
0.02%
TRX logo
TRX
$0.3155
1.08%
DOGE logo
DOGE
$0.1882
3.88%
ADA logo
ADA
$0.6451
2.96%
HYPE logo
HYPE
$37.08
6.04%
USDE logo
USDE
$0.9995
0.03%
LINK logo
LINK
$17.44
3.27%
BCH logo
BCH
$506.91
3.00%
XLM logo
XLM
$0.3125
3.35%
SUI logo
SUI
$2.5514
5.89%
WBT logo
WBT
$41.31
1.34%
AVAX logo
AVAX
$20.95
4.30%
LEO logo
LEO
$9.6096
0.32%
HBAR logo
HBAR
$0.1714
4.31%
BTC logo
BTC
$108,515.11
2.27%
ETH logo
ETH
$3,887.70
1.93%
USDT logo
USDT
$1.0003
0.01%
BNB logo
BNB
$1,163.42
0.57%
XRP logo
XRP
$2.3230
3.49%
SOL logo
SOL
$185.76
4.13%
USDC logo
USDC
$1.0000
0.02%
TRX logo
TRX
$0.3155
1.08%
DOGE logo
DOGE
$0.1882
3.88%
ADA logo
ADA
$0.6451
2.96%
HYPE logo
HYPE
$37.08
6.04%
USDE logo
USDE
$0.9995
0.03%
LINK logo
LINK
$17.44
3.27%
BCH logo
BCH
$506.91
3.00%
XLM logo
XLM
$0.3125
3.35%
SUI logo
SUI
$2.5514
5.89%
WBT logo
WBT
$41.31
1.34%
AVAX logo
AVAX
$20.95
4.30%
LEO logo
LEO
$9.6096
0.32%
HBAR logo
HBAR
$0.1714
4.31%
Finance
Share this article

PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum

The token will be available first on PayPal and then on Venmo, and can be exchanged for U.S. dollars at any time.

By Shaurya Malwa|Edited by Nelson Wang
Updated Aug 8, 2023, 3:29 p.m. Published Aug 7, 2023, 12:57 p.m.
PayPal will issue a stablecoin pegged to the U.S. dollar. (Shutterstock)
PayPal will issue a stablecoin pegged to the U.S. dollar. (Shutterstock)