PayPal’s international remittance service Xoom offers free remittances to users of stablecoin PYUSD
Users of PayPal's international remittance service Xoom will not have to pay any fees if they use the company's stablecoin PYUSD for transfers. Jose Fernandez da Ponte, Senior Vice President of PayPal, stated in an interview that Xoom senders will not have to pay any customary fees (the industry average is 2%), while recipients will receive the funds in local currency as usual.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Retail Price Improvement (RPI) Orders Application Guide
OPNUSDT now launched for futures trading and trading bots
Bitget to convert OPNUSDT perpetual futures from pre-market trading to USDT-M perpetual futures
Bitget x BTW Carnival: Grab a share of 33,000,000 BTW!
