Paxos’ Post

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37,366 followers

It’s official: PayPal USD is now 500M+ in market cap! 🎉 Here are FIVE fun facts to celebrate: 1. PYUSD is available on the Ethereum and Solana blockchains. 2. You can access PYUSD on PayPal, Venmo, Crypto.com, Phantom and more. 3. PYUSD is issued by Paxos Trust Company. 4. PYUSD reserves are held 100% in US dollar deposits, US treasuries and cash equivalents. 5. PYUSD is always available for 1:1 redemption with Paxos.

Adit Patel

Founder and CEO @ Blockscope (YC S22) | Data tools for Web3

3w

Blockchain observability is important! Here is every PayPalUSD token transfer on the Ethereum network captured in realtime for all transactions where more then 10k USD worth of this token moved: https://www.blockscope.co/community/watchtowers/6581b0ab9052e00daf5ed692

Sumit Kishore

Product Lead I Consensys I Web3

3w

Amazing progress! Let's make #PYUSD programmable and more usable by adding it to Actalink

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Avijit Pramanik

Senior Member of Technical Staff at PayPal | Engineering Leadership, Architect | Pricing and FX Engineering | Payments Industry | Fintech

3w

👏👏👏

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Michael Holsapple

Services Consultant - Hyperscalers | Market Leader, Managing Director

2w

Congratulations!!!! Huge milestone!!!!!

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