PayPal PYUSD stablecoin is 100% backed: Paxos transparency report

Source: Cointelegraph.com NewsThe total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug. 31, Paxos report states.Read MoreStablecoin, PayPal, PayPal USD, Paxos