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In a blog post from last Friday, Kraken announced that $PYPL‘s stablecoin PYUSD will be available for trading today. 🔊

According to Kraken, PYUSD is a cocktail of USD deposits, short-term U.S. treasuries, and similar assets. So, even when the crypto world’s doing its rollercoaster thing, PYUSD aims to stay cool, calm, and collected at a dollar.