PYUSD is a regulated, fully-backed stablecoin positioned to serve as a digital bridge currency across jurisdictions. Coinbase and PayPal will explore new DeFi and on-chain use cases for it.

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PYUSD, as a regulated and fully-backed stablecoin, is positioned to serve as the digital bridge currency across jurisdictions

The collaboration will also include DeFi exploration, with Coinbase and PayPal agreeing to explore new use cases for PYUSD in DeFi and on-chain platforms