The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said.
PayPal has tapped Xoom to enable cross-border payments using its stablecoin, PayPal USD (PYUSD), the payments giant said on Nov. 19.
The partnership is designed to expand access to PYUSD in Asian and African markets and let PayPal settle cross-border transactions outside of traditional banking hours, PayPal said.
Xoom is working with Cebuana Lhuillier and Yellow Card to handle PYUSD disbursements.
