Can Stablecoins Compete With PayPal’s New Cross-Border Payment Network?
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最新报道：PayPal's new fiat-to-crypto platform enables instant conversions between USD and stablecoins like PYUSD, bypassing traditional blockchain delays. The service, currently in beta, allows users to move funds between PayPal and external wallets without waiting for on-chain confirmations. While PayPal claims this isn't a direct competitor to stablecoins, analysts note it provides similar benefits—instant settlements and 24/7 availability—without crypto volatility. The move comes as PayPal expands its crypto offerings, having recently launched its own PYUSD stablecoin. Industry observers suggest this could challenge existing stablecoin models by offering fiat-like convenience within PayPal's established ecosystem.
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