Singapore-Licensed Triple-A to Offer PayPal Stablecoin Support
- There is roughly $200 million of PYUSD in circulation now
- Tether’s USDT dominates stablecoin payment volumes at Triple-A
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Singapore-based payments firm Triple-A will add PayPal’s stablecoin to the list of tokens its customers can use to pay merchants.
Triple-A, which is the first licensed crypto payments company in Singapore, aims to roll out support for PayPal’s stablecoin by the end of June. The firm currently offers payment services primarily in Bitcoin, Ether and stablecoins issued by Tether and Circle.