PayPal USD, issued by Paxos Trust Company, was created with the goal of enabling a digital currency with a stable value designed for commerce and payments. Directly in line with that vision, last week we announced that PayPal USD (PYUSD) is now available on Crypto.com Pay!
This launch unlocks access and utility of PYUSD for millions of Crypto.com users, who can now use PYUSD to:
- Send it to friends using the ‘Pay Your Friends’ feature;
- Buy gift cards from over 100 brands;
- Shop on the Crypto.com app;
- Top up prepaid phone numbers using Airtime anywhere in the world ;
- Purchase goods or cryptocurrencies on all platforms that have integrated Crypto.com;
- And, use PYUSD as a checkout solution.
To celebrate the announcement, Ronak Daya, Head of Product at Paxos, Edwin Aoki, CTO of Blockchain, Crypto and Digital Currencies at PayPal, and Joe Anzures, GM of Americas & Global Head of Payments at Crypto.com, held a live AMA where they discussed PYUSD, the exciting enablement in Crypto.com Pay and more. If you missed out on the live session, you can check out the recording on YouTube or X.
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For more information on how to access PYUSD in Crypto.com, check out their product page. If you’re looking to learn more about how your platform can enable PYUSD, contact the team at Paxos to get started.