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Podcast: The Defiant
Episode:

Inside PayPal's Blockchain Strategy: Insights from the Head of Crypto

Category: Technology
Duration: 01:03:57
Publish Date: 2024-05-27 15:58:07
Description:

Jose Fernandez da Ponte is the Head of Crypto at PayPal. PayPal's entry into the crypto market dates back to 2020 when they announced the integration of various crypto assets, enabling users to buy, sell, and hold digital currencies. Since then, they have progressively expanded their crypto offerings and adopted more ambitious strategies to incorporate blockchain technology. In this podcast, we'll explore PayPal's motivation for entering the crypto space, the current crypto applications available on their platform, the creation and purpose of their stablecoin, PYUSD, and their approach to facilitating mass adoption of blockchain technology.


0:00 Intro

0:58 PayPal Enters Crypto

6:27 PayPal Crypto Payments

16:58 Fees

20:16 PayPal Wallet

22:28 PYUSD

36:43 PayPal Yield

40:23 Stablecoin Competition

48:57 Multichain

53:25 Adoption


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