Huobi to List PayPal's PYUSD Stablecoin: A First for Crypto Exchanges

Leading crypto exchange Huobi is set to make waves in the digital asset world. In a pioneering move, Huobi has announced it will list PayPal USD (PYUSD), a newly launched stablecoin from PayPal. This signifies a major step towards mainstream adoption of stablecoins and a significant collaboration between the traditional finance giant and a prominent cryptocurrency platform. Huobi, the world’s largest cryptocurrency exchange, made the first public announcement of acceptance for PayPal USD (PYUSD) on August 8.

Huobi, el intercambio de criptomonedas con sede en Singapur, adelantó planes para listar PayPal USD (PYUSD), la nueva stablecoin de la gigante de pagos digitales vinculada al dólar. This strategic listing positions Huobi as the first crypto exchange to embrace PYUSD, solidifying its commitment to innovation and providing users with access to a diverse range of digital assets.

The confirmation to users came on September 7th, fulfilling expectations set earlier in August. Seychelles-based cryptocurrency exchange Huobi has confirmed to users that newly-launched PayPal (PYUSD) stablecoin will be listed on its platform by September 7th.

The first trading pair on Huobi will provide users with seamless access to PYUSD. Crypto exchange Huobi has announced its pioneering move to list PYUSD, PayPal's new U.S dollar denominated stablecoin, on its platform.

Stay tuned for further announcements regarding the exact launch date and trading details. Huobi’s listing of PYUSD is a landmark event, bringing together the power of PayPal's established financial infrastructure and Huobi's expansive cryptocurrency ecosystem. This development is expected to drive increased adoption of PYUSD and further integrate stablecoins into the broader financial landscape.