PYUSD is charging into 70 countries in one go! Directly sinking from the British and American islands to Africa, Latin America, and Asia — those places that need US dollars the most 🔥
How fierce is this operation?
Essentially, the stablecoin war has upgraded from 'involution within the crypto circle' to 'channel dimensional strike'!
What has USDT/USDC been competing for all these years? Competing for compliance, competing for ecosystems. As a result, PayPal directly cheats: 700 million users can be activated with one click, and users don't even need to understand what Web3 is; they can have 'digital dollars' just by opening the APP 💵
The most audacious move is the precise targeting of three major groups: those without bank accounts + high inflation countries + cross-border remittances. In simple terms: Is your local currency crashing? Come, use PYUSD; Is your remittance expensive? Come, use PYUSD; Don't have a bank card? Come, still use PYUSD!
This is not the expansion of stablecoins; this is the digital version of dollar hegemony penetrating 😱
But don't celebrate too early—regulation, competition, and three major pitfalls are still there. Is USDT's network effect just a facade? Is USDC's compliance barrier just paper-thin?
The real highlight is: when a Web2 giant like PayPal pushes stablecoins to become a 'common payment tool', how much ground can banks, remittance companies, and even sovereign currencies hold?
The second half of the stablecoin war: channels are king, users are justice!