Paypal Coin: know the cryptocurrency that Paypal enlists
The company has already presented some progress regarding the new brand.
As we mentioned in our entire blogger a history, cryptocurrencies have gone from being something unknown to a reality in a short time and that has evolved hand in hand with Bitcoin as the main currency for the acceleration of the digital money system.
Paypal has been one of the largest payment platforms in the world. The ease of connecting digital payments has positioned it as the largest company or brand to position itself in the market. Now the company is undergoing the transformation to cryptocurrency and has been developing its own digital stablecoin.
The senior vice president of cryptocurrencies and digital currencies of Paypal, José Fernández da Ponte confirmed, through the digital medium Bloomberg, the investigations that are being carried out for the company to achieve the expected advances. Regarding this, he indicated “We are exploring a stable currency; if we seek to move forward, and when we do, we will of course work closely with the relevant regulators. ”
On the one hand, the investigations and creation processes remain to be seen, it is certain that a name and logo would already be ready. On the other hand, the characteristics of the company's internal token are subject to change before the expectant release. Meanwhile, customers can continue to buy, pay and make digital purchases with the tool.
It should be noted that PayPal on previous occasions has allowed its users in the United States to pay with cryptocurrencies , in addition to increasing their cryptocurrency purchase limit during 2021. Regarding these advances, expectations are directional in the possible future , which could also be positioned with its own stablecoin or stablecoin.