Online payments company PayPal plans to launch its own stablecoin, PaypalCoin.
PayPal’s stablecoin, which allows trading of some cryptocurrencies in the US and UK last year, will be released by software developer Steve Moser in the iOS version of PayPal. it was noticed. Upon this to Bloomberg Company officials who made a statement confirmed the situation.
Stating that he is carrying out various studies on stablecoins, the company’s Blockchain officer Jose Fernandez da Ponte studies as research While stating that there is no concrete roadmap, he said.
Jose Fernandez, the company with digital coins their work by investors. received positively told. Stating that the transaction volume exceeded his expectations, Ponte Cryptocurrency trading service in more countries announced what they wanted to give.
There were previous allegations about PayPal planning to launch stablecoins, at the time Ava Labs It was estimated that they were thinking of collaborating with developers such as No statement has been made on this issue yet.
Software developer Steve Moser has reportedly noticed some sections in the source code of PayPal’s app related to the dollar-denominated PayPal Coin.
Established in 1998 and Dworld wide more than 377 million the user PayPal Holdings is listed on the Nasdaq stock exchange with the code “PYPL”. Company, 21.45 billion dollars in 2020 announced his income.
PayPal, PayPal coin When yet to be released Unknown.