Ethena Ecosystem

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<p>PayPalUSD (PYUSD) is stablecoin backed by U.S. dollar deposits and can be bought or sold on PayPal’s app or website at $1.00 per PYUSD.</p><p>With PYUSD, you can make person-to-person payments, fund purchases with the currency at checkouts, and transfer PYUSD between PayPal and other outside wallets. PayPal says that you can also convert the currencies supported by PayPal to and from PYUSD as well. </p>

PayPal USD

PayPal USD is a stablecoin backed by secure and highly liquid assets. As PYUSD rolls out, you’ll be able to buy, sell, hold, and transfer.

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PayPal USDPYUSD

PayPal USD Arbitrage