PYUSD by PayPal offers a new way of profit-making for stablecoin issuers
vast network is its major strength. With millions of merchants and users globally, the company already possesses an established infrastructure for PYUSD's deployment and adoption.
Second, by focusing on transactional revenue rather than interest from backing assets, PayPal might be avoiding potential regulatory pitfalls and scrutiny, especially considering the global call for clearer regulations on cryptocurrencies and their derivatives. However, the success of this strategy largely hinges on the adoption rate of PYUSD. If consumers and merchants do not see distinct advantages in using PYUSD over traditional payment methods or even other cryptocurrencies, then adoption might be slower than anticipated.
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PayPal launches PYUSD stablecoin backed by the US dollarIt’s rolling out over the next few weeks.
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