Friends, PayPal believes that there is an “area of ​​opportunity” to reduce fees globally by using and encouraging mass adoption of cryptocurrencies.

PayPal CEO Alex Chriss highlighted the importance of cryptocurrencies for the future of commerce and digital payments. He argued that crypto assets will be essential in the future for consumers who need to move money, make purchases or payments.

PayPal CEO's stance is in line with his stance on cryptocurrency adoption. Days ago, he allowed US business accounts to buy, sell and store cryptocurrencies, allowing merchants to access the growing digital asset market from their PayPal accounts.

Since taking office in 2023, Alex Chriss has shown a keen interest in learning about Web 3.0 and has been hailed as a “fresh face” that PayPal needed, as he is responsible for launching the PYUSD stablecoin, while his predecessor, Dan Schulman, was known for his conservative approach and struggled to keep the company relevant.

By the way, my friends, the reduction of commissions has been possible through cryptocurrency transactions, in the face of global inflation it is a relief for both people and industries or businesses.

Friends, cryptoassets are essential for the future, and although some events alter their volatility, as we see in the cases of interest rate reductions by the FED, as well as now the tension in the Middle East. However, that is why I mentioned in my previous post "for the moment" referring to price drops, because there will always be increases and decreases, but as I told you, Bitcoin and other cryptoassets are used as reserves in several countries.

Thank you for supporting me, I love you, always positive friends.