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PayPal confirms it's exploring the launch of its own stablecoin PayPal confirms it's exploring the launch of its own stablecoin
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PayPal confirms it's exploring the launch of its own stablecoin
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Old 10th January 2022, 08:32   #1
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Default PayPal confirms it's exploring the launch of its own stablecoin

PayPal has been expanding its cryptocurrency business since it opened trading to all users in 2020. It allowed US customers to check out with cryptocurrency and increased its crypto buy limit over the past year. In the future, it might also offer a stablecoin of its own. Jose Fernandez da Ponte, SVP of crypto and digital currencies at PayPal, has confirmed to Bloomberg that the online payment provider is "exploring a stablecoin." He also said that the company will work closely with relevant regulators "if and when [it] seek[s] to move forward."

https://www.engadget.com/paypal-conf...2.html?src=rss
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