Imagine a special digital bank for businesses that uses a kind of digital money called a stablecoin, which is like a dollar but lives online. A company called Plume is building this bank on a system called a blockchain. It's using PayPal's new stablecoin, PYUSD, to help businesses get better interest on their money!
- Plume is making a new tool called nPAYFI to help businesses make and receive payments online.
- nPAYFI uses PYUSD, a stablecoin backed by the US dollar.
- Businesses can earn interest on their money while they wait for payments.
- This helps businesses manage money better and grow faster.
| Fact | Number |
|---|---|
| PYUSD market value | Over $759 million |
| Plume's ecosystem fund | $25 million |
| Plume's Series A funding | $20 million |
