Tag Archives: Dollar

Paypal brings digital dollar To Africa in major Boost for Cross-Border Trade – The Voice Uganda HomeBusinessPaypal brings digital dollar To Africa in major Boost for Cross-Border Trade , https://voiceuganda.com/2026/06/02/paypal-brings-digital-dollar-to-africa-in-major-boost-for-cross-border-trade/

Global payments giant, PayPal has extended its digital payment services to Uganda through its digital dollar stablecoin, PayPal USD (PYUSD). Under the new arrangement, Ugandan users can now buy, hold, send and receive PYUSD directly through their PayPal accounts, allowing quicker settlement times and lower transaction costs for cross-border payments. In an announcement made on May 26, PayPal said it …

KAMPALA — For the past six months, the Ugandan shilling has been gaining steadily against the US dollar, a development that in normal market conditions should translate into lower pump prices for fuel — since petroleum products are imported and priced in dollars. But despite the stronger shilling, fuel prices have stubbornly remained unchanged, leaving many Ugandans wondering whether the …