Fintech Insider Podcast by 11:FS cover image

770. News: PayPal launches stablecoin and Apple $10 billion rocks the banking world

Fintech Insider Podcast by 11:FS

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PayPal's Excited About Crypto and Digital Assets

PayPal signaled their enthusiasm about crypto and digital assets a couple of years ago when they first started selling or enabling users to sell in buy crypto. It's very significant because in the stablecoin space, you have Circle, with USDC,. You have Tether, with USDT. What they share or what they have in common is they control the supply but not the demand for the token. Whereas PayPal is a company that has almost half a billion users and about 30 million merchants around the world using them to accept payments from those half a billion Users.

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