PayPal to Release Its Own Stablecoin

in #paypal • 3 years ago

PayPal crypto.jpg

Leading payments company PayPal considers releasing its stablecoin. As per a report by Bloomberg, the company is exploring a digital currency pegged to the US dollar.

At the moment, details of the project development aren't known. Paypal's senior vice president of blockchain, crypto, and digital currencies unit, Jose Fernandez da Ponte, told Bloomberg that although the idea is exploratory, and there are no certain plans for implementation, it's very serious.

Read more on BlockchainToday
PayPal to Release Its Own Stablecoin

#crypto #stablecoins
3 years ago in #paypal by
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