PayPal’s CEO believes crypto assets are forging a more equitable and inclusive financial system.
USDC has seen huge growth and is gaining fast on Tether, the king of the stablecoins.
Payment provider Nuvei has launched support for nearly 40 crypto assets including lesser-known coins from previous market cycles, such as Reddcoin, Steem, Bitcoin Gold, and Siacoin.
Retail traders have been buying large amounts of BTC through PayPal and Square.
Asset managers are warning industry giants like Tesla and PayPal that investing in energy-intensive assets like Bitcoin could diminish their popularity among investors.
The digital currencies could be distributed through PayPal’s digital wallets, the company’s CEO said.
The U.K. will be the first market outside the U.S. for PayPal’s crypto products.
MasterCard will allow its almost one billion users to spend cryptocurrencies at more 30 million merchants, although it hasn’t specified which coins will be supported.
Insights from PayPal’s first quarterly earnings report since launching crypto services.
After their limited crypto trading service “exceeded expectations,” the company will double down on crypto, blockchain, and digital currencies in 2021