In reality, PayPal would probably just not allow that (since, let’s face it, this stablecoin is not even pretending to be decentralized), but if getting frozen funds out of PayPal develops as a genuine use case for PYUSD, then the benefit of the virtuous cycle of an oppressive banking system will accrue to PayPal (and the consumer with the frozen funds).
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to Bloomberg, Ant Digital Technologies has...
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Bitcoin-focused company based in Paris wants...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has teamed up with Japan’s Web3...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A growing number of experts warn that...
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