CandleFocus FV Bank taps PayPal’s PYUSD for direct deposit and payments
2025-01-09
Author: Content Editor
FV Bank has announced the integration of PayPal USD (PYUSD) into its stablecoin offerings, which will enable account holders to receive PYUSD directly into their USD accounts for cross-border payments. This new feature eliminates the need to mint the stablecoin or manage external wallets, as FV Bank's real-time processing system converts USD into PYUSD upon demand and delivers it instantly to recipients. This integration comes after FV Bank partnered with Visa in 2024 to launch debit and corporate expense cards, allowing customers to spend both fiat and digital assets globally. FV Bank now offers three major stablecoins (USDC, USDT, and PYUSD) in addition to traditional banking features, positioning itself as a leading U.S.-licensed bank in the crypto industry.
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