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The big boys want in on crypto, too
It’s stablecoins this time.
PayPal has used its proprietary stablecoin to pay auditors Ernst & Young LLP, using a hub provided by SAP. I have to assume PayPal and Visa got started on this stuff a while ago in order to get it popping now, but I do think it’s curious they are focused on stablecoins. Crypto is a kind of tidal industry — with money flooding in during the booms and draining out during the busts.
Or read this on The Verge