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PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’

PayPal's new PYUSD stablecoin faces legal headwinds and 'less functionality'

Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America's largest financial technology companies — announced on Aug. 7 its U.S. dollar-pegged payment stablecoin, PayPal USD (PYUSD). A PayPal spokesperson told Cointelegraph that

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