PayPal hints at plans for native stablecoin
Mark Weaden - Cryptowisser
Payments platform PayPal began offering a crypto trading service for major currencies back in 2020. In a recent discussion with Bloomberg and PayPal’s General Manager of Blockchain, Crypto, and Digital Currencies, Jose Fernandez da Ponte, it was revealed that the company is “researching a stablecoin.”
Fernandez went on to say that they would “work closely with appropriate regulators” as they decide whether to move forward with a native stablecoin in the future.
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