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PayPal explores creating own stablecoin
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finextra.comThe code was left over from an internal hackathon at the PayPal blockchain, crypto and digital currencies division, a spokesperson told Bloomberg.PayPal will work closely with regulators, "if and when [it] seek[s] to move forward," with the coin.Facebook and the Diem stablecoin project have faced huge regulatory pushback, forcing the tech giant to launch its Novi cryptocurrency wallet with the Pax Dollar.
. Read more on finextra.comAbout this in other media
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