PayPal USD (PYUSD) has been listed on Kraken and trading will commence on August 21st.
BlockBeats news, August 18th, according to official announcements, PayPal's USD stablecoin PYUSD has been launched on the Kraken platform. Users can now make deposits and trading of PYUSD will begin on Kraken on August 21st.
Users can deposit PYUSD through the funding page, but must use the Ethereum network. Deposits made on other networks may be lost. Once liquidity conditions are met (when enough buyers and sellers enter the market to make their orders effectively match), trading can be done through the Kraken App and Instant Buy.