PAYPAL’S PYUSD LIVE ON COINBASE; BUT THERE’S A CATCH

Summary from the TLDR Crypto newsletter

Coinbase has announced the listing of PayPal's stablecoin, PYUSD-USD, on its platform. However, the listing carries an "Experimental" label, a tag used by Coinbase for newly listed assets or those with low trading volume to caution users about potential risks. Despite mixed opinions on PayPal's stablecoin, it has been listed across various exchanges steadily and could pose competition to the leading stablecoins, USDC and USDT.