PayPal explains the vision for its dollar-pegged stablecoin: CNBC Crypto World
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- Опубликовано: 28 май 2024
- CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Jose Fernandez da Ponte of PayPal discusses the rollout of the firm’s dollar-pegged stablecoin.
Chapters:
00:00 - CNBC Crypto World, Aug 8, 2023
0:22 - Bitcoin on the rise
0:43 - The headlines
2:30 - Jose Fernandez da Ponte of PayPal
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PayPal explains the vision for its dollar-pegged stablecoin: CNBC Crypto World
Check out the next episode of CNBC’s Crypto World: ruclips.net/video/DUdd6_tuLKA/видео.html
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Great questions Lindsey!!!
I'm not gonna use it, but I'm glad it influenced Bitcoin's price in a good way. I've been accumulating it in OWNR for a long time, good to see it on the rise again.
We have a dollar pegged stable coin. It's called the US Dollar.. Why would I trade my real dollar for one of PayPal's magic bean dollars ?
For ease of transfer, quicker and less fees. Also send money around the world.
Good move by PayPal they are trying to make a all in one finance app to replace people’s banking.
Tell me you didn’t watch the video without saying you didn’t watch the video 😂 the trolls that comment before watching 🤡🤦🏻♂️
Because they can make a commission on it.
@@chuckiekoertge1987 No - PayPal's system already does this with the US dollar -you've given ZERO reasons.
Just bought 20.00. I have no idea why but I did. Lol. Not missing out on another crypto. Regardless doesn't sound like ill lose any money. Why not.
You guys need to throw out CEO asap …. Please hire someone asap
I neither have problems of payment with fiat within seconds nor a cost issue for payment. They are solving a problem that does not exist. PLUS even create a new disadvantage: Programmability. Who wants to have his money or transactions being programmable by a central intance? Like someone deciding you are not allowed to buy at store XY or buy product Z.
Even more: put in under the control of a company that recently tried to introduce fines and be lawmaker, investigator/police, judge and executioner by itself.
Actually, there is a growing demand for stablecoins that can function independently, free from centralized control or regulatory influence. One example is Ethena's USDe, which is entirely crypto-native and censorship-resistant.
I don’t think people realize how huge this can potentially be! Buying up shares like candy under $65, also a little bit of long call options. PayPal! 🚀
I am a financial advisor
Jk
If only there was some currency that is pegged to the US Dollar...
Whenever you see USD in a crypto it is pegged to the US Dollar
Jordan, Oman, Qatar, Saudi Arabia, UAE, Macau and Hong Kong dollars.
The PayPal stablecoin.. why did PayPal choose Ethereum over Cardano? ..it fails to make sense?
I’ll wait until PayPal gets its own wallets before I take them serious
Web3 Ignite IGNITE3 is gonna explode anytime soon
pepe
PayPal is a buy
Didn't PayPal float the idea to fine users $2500 for misinformation a while back? That's an organization you can trust to handle your money.
True.
The current CEO is exit& the company is finalizing the new CEO search. Company look attractive at today's valuation imo.
@@rmyat1498 how does that change the trust issue? You think a new CEO changes the whole company and makes the trust issue go away?
Wow I’m loading the boat with PayPal
🤷🏻♀️🆗
Go CNBC love you're shows. 💙💙💙
your
Todays worldwide trends go away from the dollar. Maybe this gives him a boost. For myself, i'd rather want to invest in the upcoming BRICS currency. Those countries are growing faster.
Bullish
PayPal is the EveryThing app what Elon Musk craves for so much
Bull market on the way!!!
Web3 Ignite IGNITE3 is gonna explode anytime soon
Web3 Ignite IGNITE3 is gonna explode anytime soon