Xoom: Xoom Enables PayPal USD as a Funding Option for Cross-Border Money Transfers

Xoom, PayPal's cross-border money transfer service, announced today that U.S. users now have the option to fund money transfers to friends and family abroad using USD converted from PayPal USD (PYUSD), a U.S. dollar-denominated stablecoin2. Rolling out to customers in the U.S. starting today, the new funding option will allow U.S.