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PAYPAL Stablecoin Takeover?! What PYUSD Means For Crypto!!Crypto exchanges accepting PayPal payments make buying Bitcoin and other cryptocurrencies easy. Which trading platforms support PayPal? We are thrilled to announce that starting today, PayPal supports the native transfer of cryptocurrencies between PayPal and other wallets and. PayPal USD is a stablecoin that's fully backed by US dollar deposits, US treasuries, and similar cash equivalents. You can buy and sell 1 PYUSD for 1 USD on.