PYUSD Mixer: Ensuring Untraceable Transactions for Your Stablecoin
The PYUSD mixer operates similarly, focusing on PayPal’s USD stablecoin. It increases user privacy by obfuscating the transaction trails, ensuring that the origins and destinations of PYUSD transactions remain hidden. The mixer works exclusively with PYUSD tokens (ERC20) on the Ethereum network, using a system of pre-funded chips to maintain anonymity. Users deposit PYUSD, receive chips of equivalent value, and can withdraw or turn these chips into vouchers, ensuring that no direct link exists between their deposits and withdrawals. While mixers enhance privacy, users should be cautious and thoroughly research the service due to potential risks like scams and regulatory issues.
United States, 14th Jun 2024 – A stablecoin mixer is a service that aims to enhance the privacy and fungibility ...