$XRP
Alex Chriss, CEO of PayPal, said that the firm’s stablecoin PYUSD would be integrated with the Stellar network to facilitate quick, inexpensive worldwide payments (subject to approval by NYDFS). This increases real world utility such as commerce, microfinance or small business lending through PayFi. Building on Stellar’s network of 170 countries, PayPal hopes to expand developer access and tap into emerging markets. The effort, although promising, is still subject to regulatory oversight and competition from existing industry leaders (such as USDC) that may affect its introduction and use in the market.