PayPal has made it clear: people want a better payments experience and crypto is the only technology that can deliver it. It also made clear that it's not backing down in the face of regulatory pressure.
The payments giant said it's convinced blockchain is the new financial rail, and that stablecoins are the way to deliver the promise of crypto to the world. PayPal said its stance is not a fad, but a belief that this technology simply works better for moving money.
"Blockchain technology is the only technology that offers a fundamentally new way of doing payments," PayPal wrote on Mirror today.
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