PayPal settles invoice with EY in PYUSD first business payment

PayPal completed its first business payment on Sept. 23, using its stablecoin PYUSD to settle an invoice with Ernst & Young LLP, Bloomberg News reported on Oct. 3. The transaction was facilitated using software company SAP’s digital currency hub, a platform that allows businesses to send and receive digital payments instantly. The amount was not disclosed. Stablecoin […] source: https://cryptoslate.com/paypal-settles-invoice-with-ey-in-pyusd-first-business-payment/