PayPal: Xoom has allowed US users to convert PYUSD directly to USD
According to ChainCatcher, as disclosed on the official website of PayPal, its cross-border remittance service Xoom now allows U.S. Xoom users to convert their PayPal stablecoin PYUSD into dollars and use it 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
HashKey prospectus in detail: 1.5 billion HKD loss over three years, 43% equity controlled by Wanxiang Chairman Lu Weiding
Despite HashKey's significant total revenue growth over the past two years, with rapid expansion in trading volume and client base, the underlying financial pressure remains evident: ongoing losses, long-term negative operating cash flow, and consistently high net debt all contribute to continued uncertainty regarding its financial resilience ahead of its IPO.

A Good Opportunity to Buy the Dip? In-depth Analysis of “Real Yield” DeFi Tokens
The market has indeed offered better entry points, but the narrative of "real yield" needs to be carefully scrutinized.


