Trade XRP and DOGE with PayPal’s Stablecoin on Crypto.com
Crypto.com has partnered with PayPal to become the preferred marketplace for PayPal’s recently launched stablecoin, PYUSD. As a result, users now have new trading pairs available on the Crypto.com application.
Support for XRP and DOGE
Crypto.com announced on Twitter that customers can now trade XRP, DOGE, and SOL against PayPal’s stablecoin, PYUSD.
New #XRP, #SOL and #DOGE trading pairs are now available in the Crypto.com App! 🔈
Trade $XRP, $SOL and $DOGE with $PYUSD now!
Get the App 👉 https://t.co/iIoKFVnKVQ
— Crypto.com (@cryptocom) September 28, 2023
This development comes two months after PayPal launched PYUSD, which maintains a fixed value against the US dollar and is issued by Paxos Trust Co.
Could Crypto.com Add SHIB Into the Offering?
Shibarium’s Marketing Strategist, LUCIE, commented on the partnership between Crypto.com and PayPal. LUCIE pointed out that Crypto.com has already listed popular memecoins like SHIB, BONE, and LEASH. They suggested that Crypto.com could consider adding additional offerings involving these assets or supporting Shiba Inu’s layer-2 scaling solution, Shibarium.
Shibarium, which was launched in August, aims to improve the speed and lower transaction fees of Shiba Inu. This initiative seeks to elevate SHIB above its competitors. To learn more about Shibarium, check out our video.
The partnership between Crypto.com and PayPal is a significant development for cryptocurrency traders. By enabling users to trade XRP and DOGE with PayPal’s stablecoin, Crypto.com has expanded its offerings and provided more opportunities for users. This collaboration demonstrates the growing acceptance and integration of cryptocurrencies into mainstream financial platforms. It also highlights the potential for further cryptocurrency support and partnerships in the future.
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