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    PayPal explains the vision for its dollar-pegged stablecoin: 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, Jose Fernandez da Ponte of PayPal discusses the rollout of the firm’s dollar-pegged stablecoin.

    Chapters:
    00:00 – CNBC Crypto World, Aug 8, 2023
    0:22 – Bitcoin on the rise
    0:43 – The headlines
    2:30 – Jose Fernandez da Ponte of PayPal

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    PayPal explains the vision for its dollar-pegged stablecoin: CNBC Crypto World

    View 20 Comments

    20 Comments

    2. Witness101 on

      We have a dollar pegged stable coin. It's called the US Dollar.. Why would I trade my real dollar for one of PayPal's magic bean dollars ?

    5. Prgmr on

      Didn't PayPal float the idea to fine users $2500 for misinformation a while back? That's an organization you can trust to handle your money.

    6. Chuckie Koertge on

      I don’t think people realize how huge this can potentially be! Buying up shares like candy under $65, also a little bit of long call options. PayPal! 🚀

    8. Herb H on

      Todays worldwide trends go away from the dollar. Maybe this gives him a boost. For myself, i'd rather want to invest in the upcoming BRICS currency. Those countries are growing faster.

    9. rub tyson on

      👍👍.I was at a retirement seminar and the speaker spoke on how he quit his job after he made well over $950,000 PROFIT within 3months he invested $120,000. I just need creative ideas to afford my retirement

    10. Logan Amina on

      Thanks for continues updates👍I'd rather trade the Crypto market as its more profitable. I make an average of $34,020 per week even though I barely trade myself

    11. Herb H on

      I neither have problems of payment with fiat within seconds nor a cost issue for payment. They are solving a problem that does not exist. PLUS even create a new disadvantage: Programmability. Who wants to have his money or transactions being programmable by a central intance? Like someone deciding you are not allowed to buy at store XY or buy product Z.

      Even more: put in under the control of a company that recently tried to introduce fines and be lawmaker, investigator/police, judge and executioner by itself.

    12. Herb H on

      I aborted the video. I cant listen to this guy presenting visions from the last decade just with more disadvantages as innovation… 🙄 And an interviewer not questioning any of it.

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