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| Foto : Coinbase and PayPal |
VISTORBELITUNG.COM,Tanjung Pandan, Bangka Belitung - A sensational piece of news is once again shaking the cryptocurrency world. Digital payment giant, PayPal, is reportedly delving deeper into blockchain technology. The big question on the minds of investors and enthusiasts is: which specific digital coin will be PayPal's mainstay in this latest move?
For some time now, PayPal has indeed shown a serious interest in digital assets. They have allowed users to buy, sell, and store several popular cryptocurrencies through their platform. In fact, PayPal has even launched its own stablecoin called PayPal USD (PYUSD).
However, the latest news circulating strongly indicates that PayPal is not just supporting existing digital assets. Wild speculation has emerged regarding the possibility of PayPal building or adopting a specific blockchain to strengthen their payment infrastructure or even launching an original cryptocurrency beyond PYUSD.
"If PayPal truly delves deeper into the blockchain system with its own native coin, this could be a game changer," said a crypto analyst who declined to be named. "PayPal's massive user base could provide instant adoption for their new blockchain and coin. This has the potential to become a serious competitor to established blockchains and cryptocurrencies."
Several blockchain names and cryptocurrencies have begun to be mentioned in this swirl of speculation. Some suspect PayPal will deepen its partnerships with existing blockchains and integrate PYUSD more widely, as has been done with the integration of PYUSD on the Cardano and Solana networks. This move would allow for faster transactions and lower fees for PayPal users.
However, many are also speculating about the possibility of PayPal building its own private or consortium blockchain specifically designed for their payment needs. If this happens, PayPal could potentially launch a new cryptocurrency that is seamlessly integrated with millions of merchants and consumers worldwide who use their platform.
As of the time this article was written, PayPal has not provided official confirmation regarding their specific steps in integrating with blockchain systems beyond the support for PYUSD and several other cryptocurrencies. However, PayPal's movements and investments in the digital asset space over the past period clearly indicate larger ambitions.
Crypto market players and investors are now eagerly awaiting an official announcement from PayPal. If this payment giant truly takes a further step into blockchain technology with its own flagship coin, the global cryptocurrency landscape is predicted to undergo significant changes.
Disclaimer: This article contains speculation based on circulating information and does not constitute investment advice. Investing in crypto assets and blockchain technology carries a high risk. Conduct thorough research before making any investment decisions.