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BNB $726.66 (-2.26%)

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SOL $100.95 (-3.02%)

TRX $0.33 (-0.24%)

ZEC $1,181.32 (-4.96%)

HYPE $75.74 (-2.80%)

DOGE $0.08 (-3.52%)

XMR $603.38 (+1.49%)

LINK $11.48 (-4.30%)

LEO $9.04 (+0.08%)

ADA $0.21 (-4.40%)

XLM $0.17 (-3.40%)

RAIN $0.01 (+1.40%)

NEAR $4.45 (-7.89%)

BCH $273.49 (-4.12%)

LTC $56.34 (-3.98%)

UNI $6.72 (-6.05%)

CC $0.10 (-2.16%)

Injective Integrates with PYUSD

Share on · Published 2 years ago on June 13, 2024 ·

Hassan Maishera

The Injective team announced via X on Wednesday that it has integrated with PYUSD, the stablecoin issued by PayPal.

The Injective team announced via X on Wednesday that it has integrated with PYUSD, the stablecoin issued by PayPal. Thanks to this latest development, Injective has become the first layer-1 to support the stablecoin released by PayPal and Paxos.

PYUSD can be onboarded from Ethereum & Solana onto Injective. dApps on Injective can utilize $PYUSD for lightning-fast payments, trading, DeFi, and more.

Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $30.24, up by 9% in the last 24 hours.

Next article Pentiv to Tokenize $10B Real Estate Portfolio on Injective

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Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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