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TRX $0.33 (+0.35%)

ZEC $1,174.31 (-3.52%)

HYPE $76.56 (-1.22%)

DOGE $0.08 (-0.67%)

XMR $571.79 (-4.99%)

LINK $11.77 (-1.78%)

LEO $9.01 (-0.28%)

ADA $0.21 (-0.82%)

XLM $0.17 (-1.82%)

NEAR $4.62 (-5.68%)

RAIN $0.01 (-4.67%)

BCH $280.34 (+1.51%)

LTC $57.00 (-2.91%)

UNI $6.91 (-1.32%)

CC $0.10 (-0.86%)

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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