PYUSD Integration: FV Bank Brings Real-Time Payments with PayPal’s Stablecoin
FV Bank, a regulated U.S. digital bank, has integrated PayPal’s PYUSD stablecoin into its platform, allowing real-time deposits and payments.
Customers can now receive PYUSD directly into their accounts with automatic USD conversion or send PYUSD near-instantly from USD balances. This innovation simplifies cross-border transactions by cutting costs and processing times, eliminating the need for external wallets.
FV Bank’s CEO emphasized their commitment to regulated blockchain-based payment solutions. The integration, supported by compliance tools like blockchain analytics, expands the bank’s stablecoin offerings, which already include USDC and USDT, alongside payments in 13 currencies.
Clever Robot News Desk 11th January 2025
