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This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
PayPal has quietly integrated Arbitrum support for its PYUSD stablecoin, enabling faster and cheaper transactions. The move sparked a 7.7% surge in ARB token prices and a 495% jump in transaction volume. However, liquidity risks remain as PayPal expands its blockchain ambitions.
- PayPal's PYUSD now supports Arbitrum, offering faster and cheaper transactions compared to Ethereum Layer-1.
- ARB token surged 7.7% post-announcement, with transaction volume skyrocketing 495% in 24 hours.
- PayPal is incentivizing PYUSD adoption with a 3.7% yield and exploring Stellar integration for cross-border efficiency.
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