Cryptocurrencies are here to stay and PayPal knows it. In fact, just as PayPal has wallets and crypto, it is now working on PayPal Coin, its own stable cryptocurrency. Keep in mind that PayPal coin will be useful because cryptocurrency is not completely stable, however, PayPal crypto will be pegged to the dollar price.
Currently, Paypal is one of the most popular and important payment platform. However, PayPal has lost some users because it takes money from accounts that violate its usage policies. Either way, this payment platform continues to create new functionality and features to provide the services the market needs.
PayPal's work on its stablecoin means that more and more people are using the cryptocurrency. On the other hand, although it started as a rumor, the payment platform has confirmed that it is working on PayPal Coin.
Keep in mind that the PayPal Coin rumors started because a developer extracted data from the latest update of the PayPal iOS app and found information
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