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Bitcoin, Ethereum Technical Analysis: BTC Nears 1-Week High, as Paypal Launches USD Stablecoin – Market Updates Bitcoin News

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BTC rebounds towards 1-week high, as PayPal launches USD stablecoin.

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PayPal Enters the Stablecoin Market With PYUSD | CoinMarketCapCryptoNews: PayPal has launched its stablecoin, called PayPal USD (PYUSD), an ERC-20 token backed by the US dollar. This makes PayPal the first major financial company to launch a stablecoin. 🔥
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