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TRX $0.33 (+0.18%)

DOGE $0.10 (-1.19%)

HYPE $41.27 (+0.28%)

LEO $10.28 (-0.21%)

BCH $456.54 (-1.60%)

ADA $0.25 (-2.87%)

XMR $372.27 (-1.58%)

LINK $9.25 (-2.32%)

XLM $0.18 (-1.11%)

CC $0.15 (-2.03%)

M $4.29 (-2.62%)

ZEC $328.14 (+1.12%)

LTC $55.41 (-1.31%)

AVAX $9.28 (-2.85%)

HBAR $0.09 (-2.26%)

PayPal Hints At Plans For Native Stablecoin

• 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 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.

Next article The PACE Act: A Direct Line to the Fed for Crypto Payments

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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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