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PayPal expands the use case of stablecoin PYUSD to provide funding support for AI development

2025-12-19 02:21:49

PYUSD-0.01%

PANews December 19 News, according to Cryptopolitan, the payments giant PayPal announced that its stablecoin PYUSD will collaborate with Web3 protocol USD.AI to provide funding support for artificial intelligence (AI) companies. At that time, USD.AI will use PYUSD to offer credit and financing services for GPU and data center needs to AI companies. The two companies plan to combine common payment frameworks with programmable settlement to promote long-term credit, leasing, and upcoming agent-driven transactions. Both companies also pledged that as part of their customer incentive program, they will offer a 4.5% interest rate on deposits totaling up to $1 billion to attract more customers. This incentive program will launch in early January and last for one year.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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