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"We’re A Perfect Complement To Central Banks To Distribute CBDC," Says PayPal CEO
Summary: PayPal CEO Dan Schulman believes PayPal's digital wallet can be used as a way for the central banks to distribute CBDC to consumers of different income levels. "You think about how many digital wallets we’re going to have in the next two, three or five years, and we’re a perfect complement to central banks and ...
PayPal CEO Dan Schulman believes PayPal's digital wallet can be used as a way for the central banks to distribute CBDC to consumers of different income levels.
"You think about how many digital wallets we’re going to have in the next two, three or five years, and we’re a perfect complement to central banks and governments to distribute those digitized forms of currency," Schulman said in an investor meeting today.
Schulman also revealed that PayPal is studying smart contracts and tokenization of other non-crypto assets.
By Mary Liu
Tags: CBDC,Central Bank,Dan Schulman,Paypal
Link: "We’re A Perfect Complement To Central Banks To Distribute CBDC," Says PayPal CEO [Copy]
