The company aims "to accelerate the adoption, distribution, and utilization of the PayPal USD (PYUSD)"
Coinbase is removing fees for purchases of PayPal's stablecoin as part of a broader effort to increase the use of the coin, and an attempt to boost on-chain payment opportunities for consumers and institutional users.
The move, announced Thursday in a joint statement from the two companies, also saw them setting up a working group to explore "stablecoin based solutions for efficiently moving or managing money around the world, particularly in c
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