According to Foresight News, PayPal's cross-border remittance service, Xoom, now permits its American users to convert their PYUSD stablecoin into US dollars. This new feature allows users to use the converted funds as a source of capital and remit to recipients in approximately 160 countries and regions worldwide. This development marks a significant step in PayPal's ongoing efforts to integrate digital currencies into its platform and services. It also provides a new, potentially more efficient way for Xoom users to send money across borders.
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PayPal's Xoom Now Allows US Users to Convert PYUSD Stablecoin to USD
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