Stablecoins and the Future of P2P Payments 💵
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PayPal’s PYUSD stablecoin has nearly $1.3B market cap and is central to its new P2P functionality.
Stablecoins could cut remittance costs by up to 92% (World Bank)
Centralized platforms like PayPal and Kraken are pushing crypto P2P payments forward
Critics (BIS) warn that stablecoins act more like financial assets than true currency
#Stablecoins #CryptoRemittances #P2PPayments #PYUSD