🌐 The big move by PayPal: but can it compete with real stablecoins like $XLM ? 💸
PayPal has just announced PayPal World, a global fiat payment platform that connects the best digital wallets like India's UPI, China's WeChat Pay, and Brazil's Mercado Pago 🌐.
Its goal is to simplify cross-border payments for over 2 billion users, a big move, but... is it a threat to stablecoins like #PYUSD or $XLM ? 🤔
✅️ Not exactly. Here’s why:
🧱 PayPal World is not blockchain-native. It uses legacy banking rails, with all the usual frictions: currency differentials, slow settlements, and closed systems. 🏦
⚡ Meanwhile, stablecoins offer fast, borderless payments 24/7 with true decentralization, especially on open networks like Stellar.
✅ #PYUSD is already expanding to Stellar, without abandoning it. This shows that stablecoins are part of PayPal's future, not a threat.
🧠 As an expert said: PayPal World connects fiat. Stablecoins leap into the future of money.
💥 Expect stablecoins, especially those on Stellar, to thrive, not die. Open money wins in the long run.
