Unchained: Big Ideas From The Worlds Of Blockchain And Cryptocurrency

A major player has entered the stablecoin wars. PayPal went deeper down the crypto rabbithole this week with the launch of its Ethereum-based PYUSD. The dollar-backed stablecoin now puts PayPal in competition with the likes of Tether and Circle for quickly sending value around the world on-chain. José Fernández da Ponte, PayPal’s crypto SVP, joins the show to unpack how the fintech giant is building a long-term strategy around blockchain-based payments. Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Show highlights: why PayPal decided to launch a stablecoin how long it will take for stablecoins to reach mainstream adoption and what the advantages of stablecoins are how PYUSD will differentiate from other giants in the stablecoin space such as USDT and USDC whether the U.S. stablecoin bill influenced the launch of PYUSD why stablecoins should be regulated at the state level