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Inside PayPal's Blockchain Strategy: Insights from the Head of Crypto
Description
Jose Fernandez da Ponte is the Head of Crypto at PayPal. PayPal's entry into the crypto market dates back to 2020 when they announced the integration of various crypto assets, enabling users to buy, sell, and hold digital currencies. Since then, they have progressively expanded their crypto offerings and adopted more ambitious strategies to incorporate blockchain technology. In this podcast, we'll explore PayPal's motivation for entering the crypto space, the current crypto applications available on their platform, the creation and purpose of their stablecoin, PYUSD, and their approach to facilitating mass adoption of blockchain technology.
0:00 Intro
0:58 PayPal Enters Crypto
6:27 PayPal Crypto Payments
16:58 Fees
20:16 PayPal Wallet
22:28 PYUSD
36:43 PayPal Yield
40:23 Stablecoin Competition
48:57 Multichain
53:25 Adoption
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