PayPal and Spark Forge $1B Liquidity Reserve Deal to Boost Stablecoin Access

PayPal and Spark have announced a partnership to expand PYUSD liquidity. Spark says SparkLend deposits have surpassed $100 million; the Liquidity Layer and reserves have supported depth, and it has deployed $630 million in BTC-backed loans to Coinbase, as PYUSD has gone live on Stellar.

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