FV Bank is broadening its selection of digital coins tied to national currencies, introducing PYUSD as a new option for seamless USD transactions and international money transfers.
FV Bank has boosted its stablecoin offerings by linking up PayPal’s USD stablecoin (PYUSD) within its digital banking system. Now, account owners can instantly receive PYUSD and swiftly convert it into U.S. dollars, streamlining international transactions.
This new feature enables clients to instantly transfer PYUSD payments straight from their traditional USD accounts, eliminating the need for coin minting or managing external digital wallets, as stated in a recent press statement that was made public on crypto news platforms.
At FV Bank, we make transactions swift and seamless by instantly transforming USD into PYUSD upon request, thanks to our real-time processing technology that ensures quick delivery to the intended recipient.
FV Bank’s recent digital asset moves
In October 2024, FV Bank collaborated with Visa to unveil debit and corporate expense cards. This partnership was publicized at the Money 20/20 event in Las Vegas. These cards enabled customers to use both traditional currency (fiat) and digital assets for global transactions, thereby combining banking and cryptocurrency services for individual and business users.
This strategic step places FV Bank at the forefront among U.S.-authorized banks, providing three significant stablecoins – USDC (US Dollar Coin), USDT (Tether), and PYUSD – in addition to conventional banking services. Notably, this platform caters to 13 international currencies, thereby facilitating easier treasury management for businesses and individuals worldwide.
The PYUSD integration builds on previous launches, including USDC in 2021 and USDT in 2024.
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2025-01-09 17:45