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Former Blockchain Head at PayPal Joins Stellar Development Foundation

Summary: According to CoinDesk, José Fernández da Ponte, former head of blockchain business at PayPal, has joined the Stellar Development Foundation (SDF) as President and Chief Growth Officer. Additionally, the foundation has appointed former executives from Block and Blockchain.com, Jason Karsh, as Chief Marketing Officer. Fernández da Ponte, who previously led PayPal's stablecoin project, is expected ...

According to CoinDesk, José Fernández da Ponte, former head of blockchain business at PayPal, has joined the Stellar Development Foundation (SDF) as President and Chief Growth Officer. Additionally, the foundation has appointed former executives from Block and Blockchain.com, Jason Karsh, as Chief Marketing Officer. Fernández da Ponte, who previously led PayPal's stablecoin project, is expected to drive Stellar's development in financial inclusion and asset tokenization. Data shows that Stellar's native token XLM has risen by 38% this year.

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