Transak Integrates PayPal USD (PYUSD) for Enhanced Fiat-to-Crypto Access

Jun 18, 2024, 05:23 PM

Transak has announced the integration of PayPal's stablecoin, PayPal USD (PYUSD), into its platform. This addition allows users to easily convert fiat currency to cryptocurrency using PYUSD. The integration is aimed at enhancing crypto accessibility and is available across over 350 Transak-integrated applications. The integration also extends to the Injective network, enabling access to novel assets within a unified ecosystem. PYUSD, issued by Paxos Trust Company, is now accessible to millions of Web3 and DeFi users.