PAYPAL WKN: A14R7U ISIN: US70450Y1038 Kürzel: PYPL Forum: Aktien Thema: Hauptdiskussion

$PYUSD $PYPL Paxos has minted a lot of the stablecoin out of the blue. Unless they've embraced their inner-QE-Powell, PayPal's stablecoin issuer usually does this only as needed. This could mean a new partner, an existing partner needs more for a project, issuing the coin for a PayPal Ventures project, or similar. Another possibility is there's a need for this within their ecosystem and another segment (like PayPal Xoom) is ready to deploy the stablecoin, and this is to front-run demand. I think that's the least likely of these. Edit: As @martypartymusic noted below, OpenAI's Sam Altman has a crypto project that wants to work with $PYUSD. Not sure if this is the reason, but it's very interesting!