
Weekly Roundup 08/11/23 (PayPal's stablecoin, the Fed's oversight program, Ryan Salame emerges) (EP.443)
On The Brink with Castle Island
The Benefits of a PayPal Stablecoin
PayPal has announced that they are launching this PayPal stablecoin and it will be on the public Ethereum network. It's a huge development. We'll talk about the regulatory stuff, but I guess we have had a bunch of people ask me why would PayPal do a stablecoins? And obviously they're not coming out and explicitly saying anything, but I'll take a couple guesses would be curious to get your thoughts on this.
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