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CEX and PayPal have reached a partnership to promote the application of PYUSD payments.
[CEX and PayPal Reach Cooperation to Promote PYUSD Payment Applications] CEX is expanding its partnership with PayPal to accelerate the adoption, distribution, and use of PayPal’s USD stablecoin (PYUSD). CEX will support the 1:1 exchange of PYUSD with USD through its accomplice and trading platform, thereby enhancing the utility of PYUSD and will explore new on-chain use cases for PYUSD.