PayPal Is Launching Its Own U.S. Dollar-Pegged Stablecoin

PayPal (PYPL) announced the global payments giant is issuing its own U.S. dollar-pegged stablecoin. The Ethereum-based token will soon be available to PayPal U.s. users and is the first time a major financial company is issuing its own stablecoin. “The Hash” panel weighs in on PayPal’s latest move into the realm of crypto.

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PayPal (PYPL) announced the global payments giant is issuing its own U.S. dollar-pegged stablecoin.

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