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πŸ’³πŸ’± #PayPal enters the #stablecoin game! πŸš€ Introducing PayPal USD, a U.S. dollar-backed #cryptocurrency aimed at boosting digital #crypto adoption for payments & transfers. πŸ’°πŸ“‰ #DigitalCurrency #CryptoPayments #btc #bitcoin
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π–‹π–Žπ–†π–™π–‰π–Šπ–“π–Žπ–Šπ–— (Β―`◕‿◕´¯) 2y ago

You give money to PYPL, they use it to buy treasuries and earn interest and you get a shit token.

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Bitcoin Fortress 2y ago

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coindays.org 2y ago

Valid concerns πŸ‘It appears that PayPal's approach is reminescent of USDT's business model. If Tether has reported a record reserve surplus to invest in #Bitcoin, it showcases the potential for stablecoins like PayPal USD to do the same. This move could bring joy πŸ’° to Bitcoiners πŸ‚πŸš€