PayPal backs Stable to expand PYUSD

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Blockworks

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Mentions

People	Sam Kazemian, Amman Bhasin, Jeffrey Albus
Organizations	PayPal, Stable, Paxos Trust Company, LayerZero, Bitfinex, Hack VC

Target	Sentiment	Comment
PYUSDPYUSD	Bullish	Expansion of PYUSD's utility across multiple ecosystems and focus on emerging markets.
Stable	Bullish	Received investment from PayPal Ventures and closed a $28 million seed round.