$PYUSD has 435M users. Expected $1.49T of payment volume going through their network. In comparison Tether, has 4.6M holders with $21B of trading volume for the last 24 hours. Tether declared $850M of profit in last quarter. So, as you can see there is no reason why PayPal won't become a behemoth in the stablecoin space.
With operation chokepoint under way, PayPal is now opening the flood gate for US citizens and other individuals across the world to enter the crypto market easily. This should generate significant adoption of the major crypto-currencies, but also various altcoins as money flow through stablecoins and then to other cryptocurrencies. Show Less
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