Cryptocurrency Q&A
What network is pyusd on?
What network is pyusd on?
Elena
Fri Jun 21 2024
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5 answers
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Could you please elaborate on the underlying network infrastructure that supports the pyusd token? Specifically, I'm curious to know if pyusd is built on a decentralized blockchain like Ethereum or Bitcoin, or if it leverages a different type of network altogether. Understanding the technological foundation of pyusd is crucial in assessing its potential and evaluating its place in the cryptocurrency ecosystem. So, in essence, I'm asking: What network does pyusd operate on, and how does this affect its functionality and adoption?
5 answers
GinsengBoostPowerBoostVitality
Sun Jun 23 2024
PayPal's Blockchain, Cryptocurrency, and Digital Currency Group continues to expand its services in the digital currency space.
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Lucia
Sat Jun 22 2024
Recently, Jose Fernandez da Ponte, the senior vice president of the group, made a statement regarding the introduction of PYUSD on the Solana blockchain.
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JessicaMiller
Sat Jun 22 2024
"Making PYUSD available on the Solana blockchain furthers our mission," said da Ponte, highlighting the importance of this integration.
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Dario
Sat Jun 22 2024
The mission he referred to is enabling a digital currency with a stable value, designed specifically for commerce and payments.
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CryptoQueen
Sat Jun 22 2024
BTCC, a UK-based cryptocurrency exchange, also plays a crucial role in the digital currency ecosystem. Its services include spot trading, futures contracts, and wallet solutions.
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