PayPal’s US Dollar Stablecoin Will Have Massive Impact on Ethereum, Says Bloomberg Crypto Strategist
Bloomberg Intelligence crypto market analyst Jamie Coutts predicts PayPal’s new PayPalUSD (PYUSD) stablecoin will have a huge impact on Ethereum (ETH). Coutts says that there is massive growth potential for Ethereum even if just a small percentage of PayPal’s existing customer base adopts the stablecoin, which aims to keep a 1:1 peg to the US...