According to Cryptonews, FV Bank, a regulated digital bank in the United States, has integrated PayPal USD (PYUSD), allowing customers to directly deposit and make payments in PYUSD while enabling instant conversion to U.S. dollars.
FV Bank is now the only US bank to support USDC, USDT and PYUSD deposits. Customers can initiate PYUSD payments directly from their USD accounts without the need to mint coins or manage an external digital wallet. Additionally, the feature integrates with blockchain analytics tools to pre-screen and detect transactions related to sanctioned entities or anti-money laundering activities, ensuring full compliance.
FV Bank adds PYUSD with PayPal support for deposits and payments
2025-01-13 06:45:15
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