Express

Paypal Desire To Create The Most Expansive And Compelling Digital Wallet In The World, CEO Says

Mary Liu

Summary: According to Coindesk, on the third-quarter earnings call today, Paypal executives say that Paypal's cryptocurrency products will expand rapidly in 2021. When talking about the central bank’s creation of a retail-oriented digital currency, PayPal CEO Dan Schulman emphasizes that the company is seeking to create “the most expansive and most compelling digital wallet in the ...

According to Coindesk, on the third-quarter earnings call today, Paypal executives say that Paypal's cryptocurrency products will expand rapidly in 2021. When talking about the central bank’s creation of a retail-oriented digital currency, PayPal CEO Dan Schulman emphasizes that the company is seeking to create “the most expansive and most compelling digital wallet in the world.” 

Schulman also believes PayPal will find many opportunities in a digital economy that includes digital identities, all-digital payments, and financial services.

By Mary Liu

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 11 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago
  • You need to login to comment.