Paxos announced new partnerships. Paxos continues to work on other stablecoins such as PayPal's PYUSD.
09 Aug 2023, 15:50
Paxos announced new partnerships
Paxos continues to work on other stablecoins such as PayPal's PYUSD. This was mentioned on CoinDesk TV by Walter Hessert, the firm's head of strategy.
Recall, PayPal released its coin on August 7, the issuer was Paxos. On air, a question was asked about cooperation with X (formerly Twitter). Hessert didn't answer the question directly.
According to the executive, the launch of PYUSD marks a landmark moment for the digital asset industry. As it takes the level of user trust to a new level. "Paxos has talked with a lot of the largest technology and financial services companies about stablecoins, integrating stablecoins, launching white label stablecoins in some cases, and we think that there's going to be a lot of really exciting followers here to PayPal," he said.
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09 Aug 2023, 16:05
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