Would You Buy A PayPal Stablecoin?
PayPal's crypto business is booming, and the discovery of some secret code might of shed some light on their future plans. An app developer found some code in their app, that points to PayPal's development of a stable coin!
When asked about this, a PayPal spokesman stated:
“We are exploring a stablecoin; if and when we seek to move forward, we will of course, work closely with relevant regulators."
So, what do you think of this possibility? Would you buy the PP coin?
Thanks for stopping by!
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Very interesting. I think it is a good idea
Nope
I'm loving all the stablecoin related content on LeoFinance lately.
I'd say that our community is an excellent snapshot of the wider crypto community and this shows we're going to see stablecoins being a massive theme in 2022.
Hopefully, Hive can take advantage of this via our very own Hive Backed Dollars!
As for whether I'd use a PayPal stablecoin?
Well they're obviously not trying to compete with the algorithmic stablecoins of the world, but simply used to make traditional cash movements between PayPal accounts easier.
If it makes PayPal faster, cheaper and easier to use, then of course.
Looking forward to seeing what they come up with.
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Great initiative boss