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PayPal's Next Competitive Advantage Could Be a Doozy

·2 min read
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This Jan. 12 episode of "The Crypto Show" on Backstage Pass features an interesting discussion between Fool.com contributors Chris MacDonald and Jon Quast as to what incentive PayPal (NASDAQ: PYPL) might have to create its own stablecoin, rather than rely on an existing option such as Tether (CRYPTO: USDT). Jon Quast: I don't mean to put you on the spot here, Chris, but as I'm thinking this through, is there advantage for PayPal to create its own stablecoin versus simply supporting a stablecoin that's already in existence? What does PayPal get out of this?