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

00:00

The Future of Cryptocurrency

Stablecoins have this excuse of, hey, this is pegged by dollar, right? And as long as you can show in your balance sheet and PayPal, well, I'm sure they have treasurers with 50 years of experience, that the dollars that are backing this, those tokens are liquid. So use it, US treasury bills or cash equivalents and cash. There's nothing to pick apart here. Really, there isn't. Plus, on top of that, PayPal is highly, highly regulated in the US. If you look through their website and the registers of the different state regulators, they have a money service business, a security license, all sorts of licenses,. digital asset licenses in

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app