PayPal PYUSD users will have access to the yield generated by Backed RWAs on Morpho Blue

In a partnership with Morpho Blue and Backed, PYUSD, PayPal’s (NASDAQ:) regulated USD stablecoin issued by Paxos, will offer users access to DeFi yield via tokenized real-world assets (RWA) of Backed. This integration signifies a significant advancement in the utility of PYUSD in the DeFi space. Thanks to this collaboration, […]

The post PayPal PYUSD users will have access to the yield generated by Backed RWAs on Morpho Blue first appeared on Journal Du Token.

Read more on Journal Du Token