The recent launch of the Paxos-issued PayPal USD (PYUSD) stablecoin by the renowned online payment platform, PayPal, has ignited excitement in the cryptocurrency market. As a result, numerous crypto exchanges are rushing to add this coin to their platforms.
In the competition to list the PYUSD stablecoin on various platforms, after Huobi it’s BitMart thats has taken center stage by announcing its listing of the Paxos-issued PayPal USD (PYUSD) on August 8th.
BitMart exchange has also decided to participate in the early listing of the PYUSD coin. They will offer the same PYUSD/USDT trading pair as Huobi. However, BitMart has already begun accepting deposits, and the actual trading will begin on August 8 at 06:00 AM UTC.
As of now, only these two crypto exchanges have made official announcements regarding the listing of PayPal USD (PYUSD). Other major crypto exchanges have not shown any official support for the stablecoin yet.
With the hype around PayPal’s stablecoin, a number of fake PYUSD coins have popped up. There are also a lot of X accounts that are propagating counterfeit PYUSD tokens, we advise users to do their own research and only buy PYUSD from trusted sources.
