BREAKING Paypal has just launched a stablecoin

I feel like i am the only person who never had even a slightest problem with them
 
A mainstream company that complies with anti crypto laws of governments. It would be just a glorified digital currency that uses blockchain.
On a brighter side for paypal, they can now steal their users' coins too :D
 
Gonna be run by Paxos and pegged to US dollar

bloomberg.com/news/articles/2023-08-07/paypal-launches-us-dollar-stablecoin-pyusd-for-payments-transfers
 
A mainstream company that complies with anti crypto laws of governments. It would be just a glorified digital currency that uses blockchain.
On a brighter side for paypal, they can now steal their users' coins too :D

They were able to lock and withhold US dollar balances as well so not much difference

Except now we can see what they're doing on the public blockchain
 
from what i can see, its erc20, and no matter what experience we have with paypal, it shouldnt affect the coin
i would rather trust paypal that their coin is really 1:1 backed up than any other smaller company, they have way more to lose by lying about that

time will tell, but it will probably be fine
 
You do realize why they made a stable coin right !
they have noticed throughout the years, their competition has grew in both numbers & being succesful; their customers are leaving.
They need a new way to do daylight robbery !

Looks like their coin won't be 1:1 but will also use "convertibles" LOL

They're actually gonna print money
 
I feel like i am the only person who never had even a slightest problem with them
What's the biggest amount you've processed with them ? and what's the MAX balance you ever had on your account ? If you may answer :)
 
Based on their scam history, it may be some rug-pull scheme
 
What's the biggest amount you've processed with them ? and what's the MAX balance you ever had on your account ? If you may answer :)
I had at most like 5k asi don't keep a lot, but this month it will change as i doubled down on my work and hired more people so it will be 5-10k
 
in pp's eyes, stable 1:1 are not real stable coins !
PP's coin = the real stable coin !!!
Just checked your twitter and it seems that you're reading manhwa!!!
 
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