The crypto exchange Valr lists PayPal USD (PYUSD) and thus facilitates the seamless entry and exit in the crypto ecosystem

Johannesburg, South Africa, January 29, 2024, Chainwire

Valr, a global crypto exchange that serves professional dealers and over half a million retailers worldwide, is pleased to announce the listing of PayPal USD (PYUSD) to USDT and the South African border (Zar) on their platform with effect from Tuesday, January 30th. 2024. This strategic step of Valr aims to enable users to make the simple transition between fiat, crypto markets and networks as well as the huge PayPal ecosystem and at the same time to promote the use of crypto-assets in everyday economy.

In August 2023, Payusd introduced, his own stable coin, which spread waves in the digital asset landscape. This stable coin, which is stable at US dollars, is the first initiative of this type through a large US financial institution and is fully covered by US dollar inserts, US state bonds and other cash equivalents, which guarantees a repayment ratio of one-to-one in US dollar. The PayPal stable is compatible with the Ethereum network and underlines its commitment to the standards of blockchain technology.

Gianluca Sacco, Chief Operating Officer at Valr, was enthusiastic about this collaboration and explained:

"Our mission at Valr is to offer our users a seamless introduction to the world of cryptocurrencies and to offer a powerful, highly integrated trading center for optimal pricing. By listing PYUSD against USD and we not only enable users to get a quick entry and exit into the crypto room, but also enable them that they are immense To use the potential of the PayPal ecosystem.

Valr with its headquarters in Johannesburg, South Africa, has acquired a good reputation as a global crypto exchange and offers markets for Simple Buy & Sell, Spot, Margin, Perpetual Futures and OTC. With over 900 corporate and institutional customers and more than half a million dealers worldwide, Valr has dealt with a trade volume of over $ 15 billion and raised significant equity financing from prominent investors, including Coinbase Ventures, Pantera Capital and Avon Ventures, which are connected to the parent company of Fidelity Investments.

This list gives VALR users direct access to Pyusd and thus expand their commercial and investment options on the cryptom market. The trading pairs Pyusd/USDT and PYUSD/Zar will be available for trading on Valr from January 30, 2024.

Valr continues to strengthen its position as a reliable and future-oriented crypto exchange and makes considerable progress in simplifying the crypto experience for users around the world. Further information and to stay up to date with this development, you can find under www.valr.com .

via Valr

Valr is a global crypto exchange that offers spot, margin, futures and out-of-the-exchangeable trade for a variety of crypto-assets. Valr has its headquarters in Johannesburg, South Africa, and has the approval of offering crypto services in Europe. The company serves more than 900 company and institutional customers and more than half a million users worldwide. The stock exchange has handled a trade volume of over $ 15 billion and also secured equity financing of $ 55 million from well-known investors such as Coinbase Ventures, Pantera Capital and Avon Ventures associated with the parent company of Fidelity Investments.

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