See Stablecoin Adoption Outside US First: PayPal SVP of Blockchain
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PayPal's SVP of Blockchain, Jose Fernandez da Ponte, suggests that stablecoin adoption is in its early stages and will likely occur outside the US first. This insight was shared during an interview on 'Bloomberg Crypto'.
December 03, 2024 | 9:30 pm
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PayPal's SVP of Blockchain, Jose Fernandez da Ponte, indicates that stablecoin adoption is in its early stages and will likely happen outside the US first. This could suggest PayPal's strategic focus on international markets for its blockchain and cryptocurrency initiatives.
The statement by PayPal's SVP suggests a strategic direction for PayPal's blockchain and cryptocurrency efforts, potentially focusing on international markets. This could positively impact PayPal's stock as it aligns with global growth opportunities in the crypto space.
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