PYUSD joins the universal digital payment network to solve problems such as the high cost of traditional payments
Paxos announced that its USD stablecoin PYUSD issued in partnership with PayPal has joined the Universal Digital Payments Network, aiming to help PYUSD better solve the problems of high costs, complex processes, and slow settlement typically associated with traditional payment mechanisms. The digital payment network is a global messaging network based on distributed ledger technology (DLT), aimed at bridging the gap between traditional payment infrastructure and modern digital currencies.
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