The announcement of PayPal launching their own stable coin - PYUSD  has been met with a wide range of reactions within the payments and crypto space.

Some have dismissed it as a poor alternative to products already on the market, while others describe it as a step-change in the move towards digital currencies becoming a dominant means of payment.

As always, the truth tends to lie somewhere in the middle, and so in this episode we explore 1) What is a stable coin, 2) Why PayPal are getting involved and 3) How this could lead to the mainstream adoption of cryptocurrencies.

Sources for the podcast include:

https://www.paypal.com/us/digital-wallet/manage-money/crypto/pyusd

https://www.forbes.com/sites/digital-assets/2023/08/09/how-paypals-stablecoin-launch-could-pioneer-mainstream-web3-adoption/

https://youtu.be/19UtHHwGkJ4?si=_zTJzfmgQ6y6-29I 

The Investing Channel 

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