One of the oldest cryptocurrency wallet provider Blockchain recently announced the support for PAX stablecoin in a bid to allow its users to obtain true dollar balance in their wallets.Īccording to news outlet CoinDesk, general manager of Blockchain’s wallet product, Xen Baynham-Herd implied that the move is part of a larger plan to enable fiat redemptions on its platform, allowing its users to swap cryptocurrencies for fiat, thereby adding to the multi-currency swap features currently available on the platform.
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