#paypal launches US dollar stablecoin #pyusd, which may not have a big impact on #usdt.
First, because pyusd is temporarily open to US users. According to Google Trends, the regions with the most searches for USDT are Asian countries such as Laos, Sri Lanka, and China, and the United States ranks 85th. There should be more USDT users in China, and Paypal is not available in China.
Second, USDT has close cooperative relationships with exchanges and major public chains. With so many trading pairs, they cannot be changed suddenly.
Third, to take a step back, even if there is an impact, it will be a gradual impact. USDT will not explode because of this.
First, because pyusd is temporarily open to US users. According to Google Trends, the regions with the most searches for USDT are Asian countries such as Laos, Sri Lanka, and China, and the United States ranks 85th. There should be more USDT users in China, and Paypal is not available in China.
Second, USDT has close cooperative relationships with exchanges and major public chains. With so many trading pairs, they cannot be changed suddenly.
Third, to take a step back, even if there is an impact, it will be a gradual impact. USDT will not explode because of this.