PayPal (NASDAQ:PYPL) has launched PYUSD on Venmo starting September 20 and rolling out to all eligible users throughout the next few weeks. CoinEx has rebuilt its wallet system following a $70 million hack and is set to resume deposit and withdrawals for select cryptocurrencies. Meanwhile, DeFi protocol Balancer has warned users to stay away from its frontend website, after an apparent attack that has siphoned over $200,000 in cryptocurrency.
PayPal announced the immediate availability of its PYUSD stablecoin on the Venmo platform.