PayPal’s introduction of its native stablecoin, PayPal USD, has sparked heated debates within the crypto industry regarding its possible sway on payments and wider crypto adoption.
While this step seems to be a big jump toward accepting cryptocurrencies in regular finance, some industry observers advise caution. They underline the hurdles and limitations that could slow down broader adoption.
What is PYUSD?
This initiative aims to bridge the fiat and digital currency realms for consumers, merchants and developers.