So it looks like PayPal are speeding up their interest in finally utilising crypto on it's platform and interestingly, there are rumours that they'll be using Paxos to handle the supply. Revolut have also decided to go with Paxos quite recently too. Overall, i'm looking forward to seeing how PayPal will tackle implementing cryptocurrency. It seems that PayPal have finally given into the fact that cryptocurrency offers a lot of competition to their business model in terms of speed and fees and that it's probably best for them to implement cryptocurrency too.
Article reference: https://www.coindesk.com/paypal-picks-paxos-to-supply-crypto-for-new-service-sources-say
Topic: PayPal are reportedly planning to bring crypto to it's users using Paxos. - page 2. (Read 222 times)
July 22, 2020, 04:02:04 AM
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