PayPal, a company you probably know, is making its own digital money called PYUSD! It's like a special kind of coin that's always worth the same as a US dollar. PayPal wants more people to use it for payments.
- PYUSD will be used for payments around the world, making it easier for businesses to pay each other.
- PayPal hopes to have millions of businesses using PYUSD by 2025.
- This will help businesses pay each other more easily and quickly, no matter where they are.
| Fact | Detail |
|---|---|
| PYUSD Launch | August 2023 |
| Goal | Global payments by 2025 |
| Merchants using PYUSD | Over 20 million (projected) |
| Hyperwallet Acquisition Cost | $400 million |
