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What's Wrong With PayPal's Stablecoin?

If PYUSD is to gain true and lasting traction, the newly minted stablecoin issuer needs to address certain centralization concerns, Kima Chief Technology Officer Guy Vider writes.

By Guy Vider|Edited by Daniel Kuhn

Updated Jun 14, 2024, 3:47 p.m. Published Sep 12, 2023, 1:34 p.m.

The ability to transfer all PYUSD user funds into PayPal may leave crypto natives hesitant to adopt the stablecoin. Oliver Buchmann/Unsplash)