BTC0.020
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BNB0.020
BTC0.020
ETH0.020
HTX0.020
SOL0.020
BNB0.020

Currently, there are more than 66 fake PYUSD tokens appearing on multiple chains. Investors need to be vigilant against risks.

Odaily News. According to DEXTools data, there are currently more than 66 fake PYUSD tokens appearing on networks such as Ethereum, BNB Chain, and Base. Most of these tokens are already circulating on the Ethereum network. Scammers are attempting to defraud people by issuing fake tokens on various networks and taking advantage of PayPal's launch of the USD stablecoin, PayPal USD (PYUSD). Investors should be cautious of the risks involved. (CoinDesk) As previously reported, PayPal announced the launch of PayPal USD (PYUSD), a stablecoin for transfers and payments. The stablecoin is issued by Paxos Trust Co. and backed by the U.S. dollar, short-term government bonds, and cash equivalents. PYUSD will gradually become available to PayPal's customers in the United States. The contract address for PYUSD is 0x6c3ea9036406852006290770BEdFcAbA0e23A0e8.
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