PayPal Vice President Richard Nash said that the payment service is doing everything possible to ensure the integration of all available blockchain services and cryptocurrencies on its platform. He announced the intention of the company in an exclusive interview with Cointelegraph at the World Economic Forum in Davos, Switzerland.
With integration with Bitcoin for US users in 2020, the platform wants to expand the options available to users, including the upcoming official digital versions of government currencies (CBDC). “We are committed to working with others to cover everything we can, whether it be the tokens we have now in PayPal digital wallets, private digital currencies or CBDCs in the future,” Mr. Nash said.
The top manager also hinted that he himself owns a certain amount of cryptocurrencies, and this is fully consistent with his position in the company. Last March, PayPal added the ability to pay for goods and services with cryptocurrency for customers and business owners. In addition, according to unconfirmed information, the company is also going to release its own digital asset with a fixed price (stablecoin), which may be called PayPal Coin.
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