2 sats \ 0 replies \ @Wumbo 7 Aug 2023 \ on: 💥BREAKING: PayPal launched their own #crypto stablecoin. bitcoin
https://www.thestreet.com/cryptocurrency/paypal-unveils-stablecoin-pegged-to-dollar
On Monday, fintech giant PayPal unveiled the PayPal USD stablecoin, a new dollar-pegged stablecoin issued by Paxos and backed by deposits in dollars, cash, and short-term treasuries.
Short-term treasuries, what could possibly go wrong.
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