PayPal Launches Stablecoin That Could Change The World! (But There’s A Catch…)
The safer easier way to pay just got easier… Or at least has moved farther into the cryptoverse. Online payment behemoth, Paypal has launched its own stablecoin, becoming the latest tradfi company to make the attempt! Let’s discover this new stablecoin $PYUSD!
TerraUSD Video ➡️ https://www.youtube.com/watch?v=nxmGgBBFr2A&t=43s&ab_channel=BitBoyCrypto
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0:00 Intro
1:03 History
2:51 Why Stablecoins?
4:22 $PYUSD
5:41 What People Think
6:43 Centralization Concerns
7:46 Why I Am Bullish
8:27 Outro
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. Digital Assets are highly volatile and carry a considerable amount of risk. Only use exchanges for trading digital assets. Never keep your entire portfolio on an exchange.
Sources:
https://www.politico.com/news/2022/01/31/diem-facebook-cryptocurrency-meta-00003871
https://coinedition.com/celsius-app-to-shut-down-firm-identifies-paypal-for-btc-distribution/
https://support.ledger.com/hc/en-us/articles/11906356899869-How-to-buy-crypto-with-PayPal-through-Ledger-Live?docs=true
https://blockworks.co/news/paypal-halts-uk-crypto
https://blockworks.co/news/maxine-waters-paypal-concern
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