Although PayPal’s latest earnings report didn’t discuss cryptocurrencies much, CEO Alex Chriss said in a conference call Tuesday morning that using the company’s stablecoin, PYUSD, for cross-border payments is “one of the areas where we think we have attractive unit economics and market potential,” Wu reported. PYUSD currently has a market cap of over $327 million, making it the 11th largest stablecoin by market cap, according to CoinGecko.
