PayPal is launching a stable-coin, will it be bigger and better than USDT?

I don’t think so. Even though tether has branched out, they originated as a stable coin called “realcoin” on the #Bitcoin network using an early #Bitcoin layer called Omni Layer which aims to connect all chains.

Where as, PayPal is launching on the ERC20 standard…representing a significant mismatch in knowledge between the two companies in tether’s favor.

Furthermore, when it comes to what the companies hold in reserve’s, tether plans on continuously purchasing and holding #Bitcoin with profits, but PayPal has made no mention of the same intentions.

Make no mistake I’m #Bitcoin only. I just happen to be so bullish and optimistic when it comes to the asset that I believe you can only compete with a company operating on a #Bitcoin standard by becoming a company that operates on a #Bitcoin standard. After that it’s just a matter of conviction!