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    PayPal launches dollar-backed stablecoin issued by Paxos: CNBC Crypto World



    CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Brent Xu, the founder and CEO at Umee, discusses the price movement of altcoins as regulatory uncertainty has weighed on investors this year. He also provides his outlook for these cryptocurrencies.

    Chapters:
    00:00 – CNBC Crypto World, Aug 7, 2023
    0:25 – Bitcoin dips
    0:42 – The headlines
    2:34 – Brent Xu of Umee

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    PayPal launches dollar-backed stablecoin issued by Paxos: CNBC Crypto World

    View 23 Comments

    23 Comments

    3. Aamir hassan on

      Great content and I thank you for breaking it down!! Despite the unstable crypto market, I'm still Glad 😊 I can smile back at my portfolio of $82,700 made from my $6k weekly trade within a short period.😮😮

    9. Rusty Shackleford on

      I’ll pass on any coin that is government backed. We need to strip powers from government and shrink it, not give it totalitarian control over our transactions

    10. Samuel on

      🥰I'm so very happy cuz I traded with a lot of investors and they all scammed me, All thanks to arina David she helped me regain all I lost. I invested $5,000 and earn $25,000. All thanks to her

    11. Michel de Nostredame on

      The Dollar never backed by any coin and any value, but $32 trillion debt. Remember if you have too much PayPal donation coins in Paypal account, they will take out your coin away illegally with out explain you anything. So that is very stable they are. 🙂

    12. James Ramos on

      It is interesting to see how the growing appeal of cryptocurrencies like Bitcoin, as an alternative asset during times of eroding confidence in traditional banking, has attracted retail investors. The permissionless and autonomous nature of cryptocurrencies offers a sense of safety and value in the ever-evolving world of finance. This context further highlights the significance of Mr Bennett Fauci's excellent trading strategy, which has enabled me to amass 32 btc in just three weeks. In the field of cryptocurrency trading, Mr Fauci has proven to be a true visionary

    15. Luca Gheorghe on

      👍.I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. I just need creative ideas to afford my retirement.🚀🚀

    21. Benson on

      Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still made over $78,000 this month

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