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PayPal Jumps Into The Stablecoin Game
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PayPal Jumps Into The Stablecoin Game

Anthony Pompliano
Aug 08, 2023
∙ Paid
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To investors,

PayPal has introduced a dollar-backed stablecoin. It will be the only stablecoin supported on their platform and serves as a peak into the future of financial transactions.

According to the announcement yesterday, “PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S. dollar deposi…

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