Category: PayPals
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Ethereum Is Not The Best Solution For Payments, Says PayPal’s Head Of Crypto — Here’s Why
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Ethereum (ETH) is not the best solution for payments, said Jose Fernandes da Ponte, vice president of Blockchain, Crypto and Digital Currencies (BCDC) at PayPal. Ethereum is not suitable for payment purposes. to talk At the Solana Breakpoint 2024 conference, Ponte drew attention to Ethereum’s inability to handle large transaction…
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Transak to integrate PayPal’s stablecoin on platform
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Transak has announced the listing of PayPal’s stablecoin, PayPal USD (PYUSD), on its platform. Transak users can now buy PYUSD using their preferred local payment methods. This integration was a strategic move aimed at overcoming the fundamental challenge of broader cryptocurrency adoption – the conversion of traditional currencies to cryptocurrencies.…