PayPal has announced it will offer free remittance services for users of its controversial $PYUSD stablecoin. The initiative, highlighted in a Forbes article, is part of PayPal's broader strategy to increase the adoption of its stablecoin. The service will be available through PayPal's overseas transfer app, Xoom, emphasizing the company's commitment to providing inclusive, cost-effective, and faster money movement worldwide. This move has been seen as a significant step towards mainstream adoption of cryptocurrencies for remittances.
PayPal’s Xoom offers free remittances for stablecoin users. https://t.co/Cqqj5auiVB
Paid a friend in Lebanon for something with both Bitcoin and Tether this week. No other cost feasible options for transmitting small-medium amounts of money in such circumstances.
For all the haters when I wrote that #PYUSD will be the turn that marks mainstream adoption of crypto, look what is about to happen in remittances. This is what disruption looks like: https://t.co/PFl2YIYKR9 @PayPal @Cinkoio
No fees to transfer PYUSD on @Xoom showcases @PayPal's continuous efforts to push for inclusive, cost-effective and faster money movement worldwide 🌎 Learn more 👇 https://t.co/GdrpaoLv09
No fees to transfer PYUSD on Xoom showcases PayPal's continuous efforts to push for inclusive, cost-effective and faster money movement worldwide 🌎 Learn more 👇 https://t.co/TDyVQqq9s7
PayPal’s Xoom offers free remittances for stablecoin users https://t.co/NfZkKrHKed
PAYPAL TO OFFER FREE REMITTANCE SERVICES USING ITS CONTROVERSIAL $PYUSD STABLECOIN - According to a today article by Forbes, payments giant @PayPal’s latest initiative is designed to drive usership to its $PYUSD stablecoin. - More specifically, PayPal’s overseas transfer app,… https://t.co/m7azqK8F4j https://t.co/biH7834oae
🚨JUST IN: @PAYPAL TO OFFER FREE REMITTANCE SERVICES FOR USERS OF ITS $PYUSD STABLECOIN