Sunday, February 23, 2025
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Author Archives: Stonecom Interactive

PayPal expanding cryptocurrency offerings with new stablecoin, PYUSD

PayPal is making a major investment in its crypto strategy, introducing its own stablecoin called PayPalUSD or “PYUSD.” Stablecoin is a type of cryptocurrency with its value tied to another commodity, in this case, the U.S. dollar. Hannah Lang, financial technology correspondent at Reuters, joined CBS News to talk about the new offering. Source

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Biden addresses Hawaii wildfires, marks one year of PACT Act

President Biden marked the one-year anniversary of the PACT Act by speaking at a Salt Lake City VA medical center Thursday, highlighting the law’s expanded benefits for veterans who were exposed to toxic chemicals. The president also spoke about aid efforts underway for Hawaii as wildfires devastate the island of Maui. CBS News senior White House and political correspondent Ed O’Keefe has the latest. Source

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