As a seasoned researcher with a background in digital assets, I must admit that this latest development by OKX is indeed intriguing! The listing of PayPal USD (PYUSD) for spot trading marks a significant step forward in the integration of traditional finance with the crypto world.
great news for traders! Starting October 3, 2024, at 9:00 AM UTC, OKX will be making PayPal USD (PYUSD) available for immediate trading. From today, users can start transferring their PYUSD funds into their accounts.
11:00 AM to 12:00 PM UTC will see an increase in trading as call auctions are scheduled during this time. This will subsequently initiate the commencement of PYUSD/USDT spot trading at 12:00 PM UTC.
Users can expect the ability to withdraw their PYUSD to become accessible from October 4, 2024, starting at 10:00 AM UTC.
As a researcher, I’d express it like this: “I’m working with PayPal’s USD-pegged stablecoin, the PYUSD. This digital currency maintains its value in lockstep with the U.S. dollar due to its full backing by it. Transactions such as buying, selling, holding, and transferring PYUSD are seamless on PayPal’s platform. What’s more, this stablecoin is adaptable across both the Ethereum and Solana blockchain networks.
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2024-10-03 13:41