Coinbase Execs Embrace PayPal's PYUSD at TrueX Crypto Exchange
Wednesday, 18 September 2024, 10:49
Why Coinbase Executives Choose PayPal's PYUSD
The former Coinbase team has decided to adopt PayPal's PYUSD stablecoin, marking a significant transition in the way they approach crypto trading. This decision enables a more streamlined trading process on their new platform, TrueX.
Benefits of Using PYUSD
- Enhanced liquidity for traders.
- Lower volatility compared to other cryptocurrencies.
- Integration with established payment systems.
Looking Ahead at TrueX
With PayPal's PYUSD becoming the default currency, TrueX aims to attract a diverse user base. The synergy between USDC and PYUSD could redefine trading strategies in a competitive market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.