Mainstream companies tightened their crypto embrace this week when PayPal became the first big financial firm to launch a regula
14 Aug 2023, 12:52
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Mainstream companies tightened their crypto embrace this week when PayPal became the first big financial firm to launch a regulated Ethereum-based USD stablecoin. 💲
Coindesk’s Shaurya Malwa reports:
Same news in other sources
214 Aug 2023, 12:52
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But many in the community saw the move as a negative for decentralization, pointing out that PYUSD has the anti-censorship characteristics of a central bank digital currency and leaves power in the hands of PayPal.🏦
@blockchained000 explains:
But many in the community saw the move as a negative for decentralization, pointing out that PYUSD has the anti-censorship chara
5/
But many in the community saw the move as a negative for decentralization, pointing out that PYUSD has the anti-censorship characteristics of a central bank digital currency and leaves power in the hands of PayPal.🏦
@blockchained000 explains:
14 Aug 2023, 12:52
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Creeping centralization or a sign Web3 is going mainstream at last? What do you think? Tell us below! 👇
Creeping centralization or a sign Web3 is going mainstream at last. What do you think. Tell us below.
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Creeping centralization or a sign Web3 is going mainstream at last? What do you think? Tell us below! 👇