Exciting news for Venmo users and stablecoin enthusiasts! Venmo has officially started supporting PayPal's branded USD-pegged stablecoin, PYUSD, opening new financial possibilities for its users. Read our detailed guide to understand the implications of this groundbreaking move, the participating platforms, and how you can maximize your crypto dealings using PYUSD on Venmo. PYUSD Becomes Available on Venmo PayPal announced on September 20, 2023, that its branded US Dollar-pegged stablecoin, PayPal USD (PYUSD), is now available on Venmo. PYUSD is issued by the Paxos Trust Company and is designed to have its value stably pegged at one dollar. The asset is ...
