FV Bank integrates PayPal USD (PYUSD) stablecoin into its platform to expand its offerings. This allows account holders to manage deposits and payments directly in PYUSD.
The addition enables real-time conversion of PYUSD to USD in customers’ accounts, simplifying transactions and eliminating the need for external wallets or manual minting.
FV Bank incorporates compliance tools for sanctions and anti-money laundering detection. This move follows the bank’s previous integrations of USDC and USDT, enriching its stablecoin services.