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The Massive Significance of the PayPal Stablecoin

The Breakdown

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The Bad Habit of Building More Crypto for Crypto Elsewhere

PayPal is one of the largest payments companies in the world with 430 million plus customers. Now by attaching a blockchain to the traditional PayPal platform, someone can send PiUSD to a relative to a vendor or to an employee anywhere in the world. This sort of platform erodes monopolies over time allowing people to form their own financial connections without the need for centralized counterparties to control them.

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