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PayPal has expanded the availability of its stablecoin, $PYUSD, to 70 countries, significantly broadening its reach beyond the initial markets of the U.S. and U.K. This expansion allows users in these countries to engage in cross-border transfers and earn stablecoin rewards, enhancing PayPal's global financial services offering. The move is expected to facilitate smoother international transactions and increase the adoption of digital currencies in regions where PayPal operates.

PYUSD+0.02%

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