FV Bank Integrates PayPal USD for Direct Deposits and Payments

According to PANews, U.S.-regulated digital bank FV Bank has integrated PayPal USD (PYUSD), enabling customers to directly deposit PYUSD and make payments with it, while also allowing instant conversion to U.S. dollars. FV Bank is now the only U.S. bank supporting deposits of USDC, USDT, and PYUSD. Customers can initiate PYUSD payments directly from their dollar accounts without the need to mint or manage external digital wallets. Additionally, this feature is integrated with blockchain analysis tools to pre-screen and detect transactions related to sanctioned entities or anti-money laundering activities, ensuring full compliance.