.HuobiGlobal plans to list PayPal stablecoin PYUSD before its competitors
The emergence of the PYUSD stablecoin changed the game in the Web3.0 ecosystem as it marked the first time a mainstream fintech giant with millions of active users chose to launch a dollar-backed stablecoin. While Huobi's move is proactive, listing PYUSD might prove to be a mutually beneficial venture in the long run.
According to the Huobi announcement, it will start by listing PYUSD/USDT trading pairs and will be accompanied by no trading fee, an incentive that will remain permanently. Despite its certainty in its support for the stablecoin, Huobi still needs to unveil the exact timeline during which it plans to list the PYUSD stablecoin trading pair.
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