By CryptoNews - 10 months ago - Reading Time: 1 minutes
Here's How PayPal Plans to Monetize Its New PYUSD Stablecoin
Payments giant PayPal plans to generate revenue from its upcoming stablecoin in a number of ways, including its use in payment transactions.The PYUSD stablecoin would also bring the company revenue in the form of interest income from assets backing it, Jose Fernandez da Ponte, senior vice president of PayPal’s blockchain, crypto, and digital currencies, said in a recent interview with Bloomberg. ...
Read More: Here's How PayPal Plans to Monetize Its New PYUSD Stablecoin
Original source: CryptoNews