PayPal Announced a Feature That Will Change the Balance in the Crypto World: "Secret Transfers"
An important feature has been developed for the stablecoin “PayPal USD (PYUSD)” that PayPal released last year. This new feature is called “Secret Transfers.”
One of the world’s most popular online payment intermediaries, PayPal, made a radical decision last year and launched its stablecoin named “PayPal USD (PYUSD).” The team has now announced a significant innovation related to this cryptocurrency.
In a statement by PayPal, it was revealed that a new feature called “Secret Transfers” has been developed for PYUSD. This new feature will allow transaction amounts to be concealed. It’s worth noting that such an initiative has been attempted by Bitcoin developers for years but has never been successfully implemented.
The crypto ecosystem has welcomed this development positively.
Crypto analysts commenting on the matter emphasize that this is a significant development. They stated that the work done for PYUSD will offer a substantial advantage to investors. Additionally, some believe that such a development could be a game-changer for the crypto world. Time will tell if Secret Transfers will have the expected impact on the ecosystem…
