Today PayPal launched an #etherium -backed stablecoin #pyusd to it's 435 million active users.
But what the REAL story? #crypto
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Back in 2019 Facebook attempted to launch a US-backed stablecoin, #Libra.
They got backing from 30+ corporate heavyweights, all committing around $10M.
The companies included:
Visa, Mastercard, Uber, Spotify, Ebay, Coinbase, Stripe, and YES.. even PayPal. 😲
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They got backing from 30+ corporate heavyweights, all committing around $10M.
The companies included:
Visa, Mastercard, Uber, Spotify, Ebay, Coinbase, Stripe, and YES.. even PayPal. 😲
🧵 (2/6)
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