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PayPal Eyes 70-Country PYUSD Expansion With Rewards For Its Stablecoin, Despite CLARITY Act Limbo

CoinDesk

"The expansion comes as the CLARITY Act remains stalled in the Senate due to disagreement over stablecoin rewards.  As per the last proposal, PayPal would not be able to offer rewards on stablecoin holdings since it is not the issuer of PYUSD. Regulatory uncertainty could force PayPal to revise its rewards model or international strategy."
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