Paypal introduces Cryptocurrency Hub

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(beincrypto.com)

I read a new piece of news which I summarize here:

  • PayPal made headlines last week when it announced the release of its own stablecoin (PYUSD). Well, in an updated form, the so-called cryptocurrency hub.
  • For PayPal users, the Crypto Hub will be the new one-stop shop for all crypto-related services. The move to treat cryptocurrencies as a separate product group rather than a separate service shows that the online payment service takes cryptocurrency integration seriously.
  • In addition to buying and selling, as well as sending and receiving cryptocurrencies, the center is also supplemented with informational and educational content. The focus will be on calculating the new US dollar PYUSD. It is not yet known what other crypto functions or applications might be added in the future.
  • The use of the Crypto Hub is initially reserved for selected users only. It is not known when the service will be available to all PayPal users. In the future, the hub will be fully integrated into your existing user profile.

Conclusion
Paypal is getting more and more into the action. They have recognized it without cryptos it is almost impossible.
You have found a new CEO.
It's ALEX CHRISS from INTUIT. He has a lot of experience in the field of finance.
I think he brings Paypal back to the front.
I hold Paypal shares because I find the company interesting.
Should not be an investment or purchase recommendation.

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