Paypal is near all-time lows despite positive earnings and strong projections.  Like Meta has, can this big well known company thats down a lot make a massive comeback too?  Their latest move of launching a dollar backed stablecoin is quite interesting.  I think they might be the largest consumer company to do so so far?
#Crypto 

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PayPal launches dollar-backed stablecoin, boosting shares

Crypto

Paypal is near all-time lows despite positive earnings and strong projections.  Like Meta has, can this big well known company thats down a lot make a massive comeback too?  Their latest move of launching a dollar backed stablecoin is quite interesting.  I think they might be the largest consumer company to do so so far? #Crypto  PayPal launches dollar-backed stablecoin, boosting shares Payments giant PayPal said on Monday it has launched a U.S. dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers. https://www.reuters.com/technology/paypal-launches-stablecoin-crypto-push-2023-08-07/

Jerome Cody

Cryptocurrency is no longer just for consumers. PayPal has announced that business owners will now be able to buy, hold, and sell crypto from their business accounts. This comes a year after the SEC approved the listing and trading of select bitcoin exchange-traded products. Around this time last year, Paypal also made waves by launching its own dollar-backed stablecoin. This latest development signals yet another step in PayPal’s efforts to spearhead the adoption of digital currencies.

https://www.reuters.com/technology/paypal-let-business-accounts-buy-hold-sell-cryptocurrency-2024-09-25/

Cryptocurrency is no longer just for consumers. PayPal has announced that business owners will now be able to buy, hold, and sell crypto from their business accounts. This comes a year after the SEC approved the listing and trading of select bitcoin exchange-traded products. Around this time last year, Paypal also made waves by launching its own dollar-backed stablecoin. This latest development signals yet another step in PayPal’s efforts to spearhead the adoption of digital currencies.  https://www.reuters.com/technology/paypal-let-business-accounts-buy-hold-sell-cryptocurrency-2024-09-25/

PayPal Holdings announced on Wednesday it is enabling U.S. merchants to buy, hold and sell cryptocurrency from their business accounts.

Jerome Cody

A group of likeminded people in Crypto are talking about this.