I deposited $20k into PyUSD last week with the intention of sending it to my Ethereum address. Whenever I send, the transfer just fails, and I receive a message about being unable to verify me. Does not matter if I respond to the text message PayPal sends me. Recently, PayPal has even stopped sending the text to my phone, and their UI crashed the last time before I tried contacting support again. The PayPal support staff tells me to try again in 3 days, and when I try again in three days they tell me to wait three more. I demanded I get passed up to a higher up, and am waiting on hearing from them. In the mean time, I filed arbitration with the BBB over PayPal not letting me send my PyUSD. Personally, I think they have issued too much and the peg would collapse if I start moving millions of dollars quickly into crypto. I do want to use PayPal as a low cost means of moving a large amount of US dollars into crypto quickly. Realistically, a few hundred thousand per week. If my arbitration is not successful I plan on filing a $413 million (the market cap of PyUSD) class action lawsuit against PayPal over PyUSD, with me bank rolling, the entire thing for a yield. There's 413 million PyUSD out there I figure taking 10% to 30% of the payout is worth the risk. Of course, if others finance it beyond my initial few million it'll be divided between everyone. PayPal could avoid this entire thing by just dealing with me, and not tossing me off to worthless customer support that do not provide clear answers. Only slightly better than Coinbase support, because they can use clear English. Has anyone had success sending their PyUSD?
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