Express

Sources: Payment Giant PayPal Is Studying The Possibility Of Launching Stablecoin

Mary Liu

Summary: According to the blockchain media The Block, at least four sources revealed to the media that payment giant PayPal has conducted multiple rounds of communication with some blockchain developers to discuss the possibility of launching a stablecoin.  Participants in the discussion include the public chain project Avalanche.  A PayPal spokesperson did not directly confirm or ...

According to the blockchain media The Block, at least four sources revealed to the media that payment giant PayPal has conducted multiple rounds of communication with some blockchain developers to discuss the possibility of launching a stablecoin. 

Participants in the discussion include the public chain project Avalanche

A PayPal spokesperson did not directly confirm or deny the news, saying: "As a global company working with regulators and industry partners throughout the world to shape the next generation of financial systems, the company is in frequent conversation about technologies that enable these goals."

By Mary Liu

Last Update:

Tags: ,,
Link: Sources: Payment Giant PayPal Is Studying The Possibility Of Launching Stablecoin   [Copy]
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 4 days ago
  • The Value of Web3 Social, Explained 4 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 17 days ago
  • The Future of Blockchain: How Modularity is Revolutionizing the Industry 19 days ago
  • Parallelized EVMs: The Solana Killer? 23 days ago
  • You need to login to comment.