In this conversation, May Zabaneh breaks down PayPal’s move into stablecoins with PYUSD and why it matters for financial inclusion. We explore how PYUSD could lower costs for cross-border payments, deliver faster settlement, and plug directly into PayPal’s existing ecosystem. The discussion covers why PayPal built a proprietary stablecoin, early adoption and real-world use cases, and plans for international expansion. We also examine the role merchants play in crypto acceptance, how DeFi and traditional finance are converging, and why interoperability will be essential in the next phase of digital payments.
Chapters
00:00 PayPal’s Vision for Stablecoins
02:47 Why PYUSD? Rationale and Goals
05:18 Stablecoin Advantages: 24/7, Inclusion, Cross‑Border
08:22 Why Proprietary vs Supporting Others
11:06 Unlocking B2B and Rebuilding On‑Chain
12:20 PYUSD in the PayPal/Venmo Ecosystem
14:21 International Expansion and Global Transfers
17:02 Merchant Fit: Categories, Costs, Declines
19:32 User Segments: Crypto‑Curious to Super Users
23:28 Pay with Crypto: Scaling to Larger Merchants
29:38 PYUSD in DeFi: Open and Multi‑Chain
32:01 Liquidity, Partnerships, and the Three Pillars
35:56 Interoperability and Evolving Roles
39:11 AI x Payments: Agent‑Driven Commerce
40:42 Finding the Flywheel, What’s Next
