August 11, 2023 PayPal’s Stablecoin Is No Libra. Why the Timing Feels Right Like Facebook’s ill-fated Libra project, PYUSD is getting some pushback in Washington D.C. But its prospects seem more promising, says Michael J. Casey. This week, Rep. Maxine Waters, (D-CA) declared […]
August 9, 2023 PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits While it seems positive for crypto, the PYUSD stablecoin will benefit PayPal’s own coffers most of all. The news this week that PayPal (PYPL) will issue a U.S. dollar stablecoin […]
August 9, 2023 PayPal’s Stablecoin Is a Watershed Moment for Finance Until now, most of crypto’s big innovations have been for crypto-natives. PayPal’s stablecoin is different, says Austin Campbell, the former head of portfolio management at Paxos. “Innovation distinguishes between a […]
