Is PayPal launching a dollar stablecoin?
Could you please clarify for me, is PayPal indeed introducing a dollar stablecoin to its services? I've heard rumors about this but am eager to know the truth. If it's true, what would be the implications of such a move? Would it revolutionize the cryptocurrency landscape? And how does a dollar stablecoin work in comparison to other forms of digital currencies? Furthermore, what kind of challenges might PayPal face in launching this stablecoin? I'm also curious about the potential benefits for users and how it could affect the broader financial ecosystem. Would you mind shedding some light on these questions? Thank you in advance for your insights.