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Bitcoin Exchange OKX Announces Listing of a New Stablecoin! Here Are the Details

OKX is set to launch PayPal USD (PYUSD), a stablecoin backed by the US dollar. PYUSD will have a 1:1 value with the US dollar and will be available for buying, selling, holding, and transferring through the PayPal platform. It will be compatible with both Ethereum and Solana blockchains, offering users a secure and versatile digital asset option. However, OKX cautions users about the potential risks involved in investing in digital assets and advises careful evaluation and informed decision-making.

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