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PayPal Accelerates Its Offensive in Africa with the PYUSD, Its Stablecoin Backed by the Dollar
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Lomé, 06 August 2026-(©FreePress)- By opening access to its PayPal USD stablecoin (PYUSD) in 27 new African markets, PayPal is taking a new step in its development strategy on the continent. Otto Williams, Senior Vice President and Global Head of Payment Partnerships, says this expansion aims to make cross-border payments faster, more accessible and less costly, while supporting the development of the African digital economy. In this interview, …
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