Paypal Is Exploring Launching Its Own USD-Backed Stablecoin
Jose Fernandez da Ponte, senior vice president of crypto and digital currencies at Paypal, confirmed to the publication: The evidence of Paypal’s stablecoin was first spotted by developer Steve Moser, who shared his findings with the news outlet. He noticed hidden code and images in Paypal’s app showing work on “Paypal coin” that is backed by the U.S. dollar.
Fernandez da Ponte recently said on the Unchained podcast that Paypal has “not yet seen a stablecoin out there that is purpose-built for payments,” the publication conveyed.
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Paypal really gotta get some crypto gurus to give them advice. They are soooooooooooooooooooo slow catching up. Get Elon back ya morons!
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Why don't they use Tether for example?
Idk, people will still use tether.
I think we don't need a new stablecoin. We already have USDT.
Even PayPal realized crypto is profitable
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Why they just don’t use btc Lightning network?
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