It's interesting to see how PayPal is expanding its involvement in the cryptocurrency space. The introduction of a stablecoin (PYUSD) and making it easier for users to convert between cryptocurrencies and fiat currency are significant developments. Stablecoins like PYUSD are digital currencies designed to have a stable value, often pegged to traditional fiat currencies like the US dollar. This stability can make them more attractive for everyday transactions and can serve as a bridge between cryptocurrencies and fiat currencies.
You are viewing a single comment's thread from: