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It Wants to Earn Interest on Your Deposits

August 9, 2023
in Crypto Updates
Reading Time: 1 min read
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These altering circumstances would make a stablecoin vastly extra interesting for PayPal, for 2 simple causes. First, as Da Ponte implied, the prolonged companies enabled by a stablecoin could encourage customers to carry a bigger amount of cash within the type of PYUSD, and to carry it longer. In idea, that might occur if there are merely extra methods to make use of PYUSD than a standard PayPal stability – as an illustration, for crypto buying and selling on DeFi platforms. These bigger general collateral balances would produce extra curiosity for PayPal on the again finish.

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