PayPal's stablecoin has finally gone multi-chain, and Polygon's settlement data from this wave is indeed impressive.

PYPL3.20%
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CoinNetwork
CoinWorld news, WuShuo reports that Paxos announced that PayPal USD (PYUSD) is officially natively issued on the Polygon chain and is being brought to the market through Polygon's 'Open Money Stack', covering deposit, withdrawal, and compliance functions. The Polygon chain currently has a daily stablecoin settlement volume exceeding $2.5 billion, with total settlement volume exceeding $2.6 trillion. PYUSD is issued by Paxos, a national trust charter institution regulated by the U.S. Office of the Comptroller of the Currency (OCC).
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