According to PANews on January 13th, FV Bank, a regulated Digital Bank in the United States, has integrated PayPal USD (PYUSD), allowing customers to deposit PYUSD directly and make payments, while achieving instant conversion to USD.
FV Bank is now the only U.S. bank to support USDC, USDT, and PYUSD deposits. Customers can initiate PYUSD payments directly from their USD account, eliminating the need to mint or manage an external digital wallet. In addition, 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.
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FV Bank adds support for PayPal PYUSD for deposits and payments.
According to PANews on January 13th, FV Bank, a regulated Digital Bank in the United States, has integrated PayPal USD (PYUSD), allowing customers to deposit PYUSD directly and make payments, while achieving instant conversion to USD. FV Bank is now the only U.S. bank to support USDC, USDT, and PYUSD deposits. Customers can initiate PYUSD payments directly from their USD account, eliminating the need to mint or manage an external digital wallet. In addition, 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.