PayPal makes bold move into stablecoin payments as adoption headwinds loom: BofA (PYPL)

:Silhouette of upset Australian woman over PayPal logo


:Silhouette of upset Australian woman over PayPal logo

chameleonseye

PayPal’s (NASDAQ:PYPL) recently launched stablecoin, dubbed PayPal USD (PY-USD), could be a payments catalyst over time. But adoption of the cryptocurrency asset “is unlikely to be significant in the near term,” Bank of America said in a recent research note, citing a lack of

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