Users Can Now Trade XRP and DOGE Against PayPal's Stablecoin

Image Credit : Google

Crypto.com users can now trade XRP and DOGE against PayPal's stablecoin, PYUSD.

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This is possible thanks to a partnership between Crypto.com and PayPal.

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PYUSD is a US dollar-pegged stablecoin issued by Paxos Trust Co.

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It also makes it easier for PayPal users to get involved in the crypto market.

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The new trading pairs are available to both retail and institutional investors.

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Crypto.com is the first exchange to offer trading pairs for PYUSD.

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The move is seen as a sign of growing institutional adoption of cryptocurrencies.

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