There is an opinion that PayPal can launch its own stable cryptocurrency
Currently, the potential of crypto and the possibilities of launching a stablecoin is being studied. The company is also in talks with the Ava Labs team developing the Avalanche blockchain.
Perhaps, the global payment platform will not follow the path of self-development, but will choose a partner with an already working cryptocurrency. This will quickly bring the product to the market.
Because speed in such a case is very important, this factor can affect the decision of the management of PayPal. We will find out what decision the management will make in 2021.
Recall that in November 2020, the platform launched BTC trading for customers from the United States. And in early 2021 it became known that the company plans to become a digital wallet for national crypto.