PayPal Ties PYUSD Stablecoin to AI Infrastructure Funding
PayPal is expanding the role of its dollar pegged stablecoin PYUSD by linking it to onchain financing for artificial intelligence infrastructure, marking a notable step in the convergence of payments, stablecoins, and capital intensive technology investment. Under the initiative, PYUSD will be used as the settlement currency for loans issued by USD.AI, a protocol focused […]