Coinbase announced on Aug. 30 that it will soon add support for PayPal’s stablecoin, PYUSD, on the Ethereum network as an ERC-20 token.

Coinbase company further announced that trading would begin on or after 9:00 AM PST on Aug. 31, assuming liquidity conditions are met. Though the asset will be available on Coinbase’s primary exchange, the company’s pages state that the asset is only available for trading on its decentralized exchange (DEX) at the time of writing.

Coinbase’s announcement also suggests that the asset will only be available in supported regions, but did not identify which regions are supported.

Coinbase said it would launch trading on PYUSD-USD trading pairs in phases as liquidity increases. It also said that trades on Coinbase Exchange and Advanced Trade will receive a …