Yellow Card, an African crypto fintech company has introduced PayPal USD (PYUSD), to their platform This integration is just one of the many ways they are working to improve user experience and offer customers more choices for financial transactions between Africa and the United States
PYUSD, also known as PayPal USD, was launched in August 2023 in the US market. it is a stablecoin linked to the US dollar at a 1:1 ratio, meaning that one PYUSD is equal to $1. One of the key benefits of PYUSD is its potential to protect against inflation. In regions with economic instability and fluctuating currencies, holding funds in PYUSD can help maintain the purchasing power of your money over time. It provides a hedge against inflation, ensuring that the value of your funds remains consistent and stable
With the integration of PYUSD into Yellow Card, customers can now enjoy seamless and secure financial transactions both locally and internationally. Whether you’re paying for services, shopping online, or sending money to loved ones, you have the option to use PYUSD for a hassle-free experience. Yellowcard has made it easy for users to buy, sell, and transfer PYUSD without the need for a PayPal account, providing customers with a more convenient and accessible financial solution.
Yellow Card and PayPal’s collaboration ensures that security is of the utmost importance. With both platforms’ robust security measures in place, customers can have peace of mind knowing that their funds are protected. This partnership brings together two industry leaders in security and trust, providing customers with an unparalleled level of assurance when it comes to the safety of their financial transactions.
How To Buy PYUSD On Yellow Card
Here’s how you can get started:
- log in or sign up If you don’t have a Yellow Card account yet.
- Go to the “Crypto” page on Yellow Card by clicking on the “Crypto” tab at the top of the page
- Once on the “Crypto” page, select “PYUSD” from the list of available assets
- choose the amount you’d like to purchase and confirm the transaction
Source: Yellow Card