📢 NEWS ALERT

-------HACKATHON

🚀🚀PayPal has launched a global hackathon offering ...🔴40,000 PYUSD🔴... in prizes to encourage innovation and creative use of its newly launched #stablecoin , PayPal USD (PYUSD). This stablecoin, introduced in August 2023, is fully backed by U.S. dollar deposits and U.S. Treasuries, and operates as an #ERC-20 token on the Ethereum blockchain.

🎯 The #hackathon aims to engage developers in creating novel applications and solutions using PYUSD

🌐 #PYUSD is also available on the Solana blockchain, offering near-instant settlement with minimal fees, which enhances its appeal for developers looking to build efficient and scalable applications.