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PayPal Hints At Plans For Native Stablecoin

Twitter icon  •  Published 4 years ago on January 11, 2022  •  Mark Weaden

PayPal’s General Manager of Blockchain, Crypto, and Digital Currencies, Jose Fernandez da Ponte, it was revealed that the company is “researching a stablecoin”

PayPal Hints At Plans For Native Stablecoin

PayPal payment platform began offering a crypto trading service for major currencies back in 2020. In a recent discussion with Bloomberg and PayPal’s General Manager of Blockchain, Crypto, and Digital Currencies, Jose Fernandez da Ponte, it was revealed that the company is “researching a stablecoin.”

Fernandez went on to say that they would “work closely with appropriate regulators” as they decide whether to move forward with a native stablecoin in the future. 

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Mark Weaden

Mark Weaden is a British researcher and crypto enthusiast, living in Barcelona. His work has been published on a variety of leading cryptocurrency sites.

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