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PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits

While it seems positive for crypto, the PYUSD stablecoin will benefit PayPal's own coffers most of all.

Автор David Z. Morris|Редактор Daniel Kuhn
Обновлено 14 июн. 2024 г., 7:15 p.m. Опубликовано 9 авг. 2023 г., 4:33 p.m. Переведено ИИ
PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)
PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)