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Kassim Khanefar
3 days, 1 hour ago

Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race

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"Let's be honest, who in crypto has better distribution than PayPal already?" said Dragonfly's Hadick. "It's unlikely in my mind that PYUSD proliferates DeFi [decentralized finance], or that it proliferates other [non-Paypal] applications. But it reduces the burden on PayPal's back office operations and makes them more capital efficient, such that they improve their own margins by 50 basis points and perhaps pass off some of that to the customer."
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