![PayPal’s Stablecoin a Stunt to 'Profit From The Crypto Hype'](https://metanews.com/wp-content/uploads/2023/08/02EE317E-BEDB-4E07-ADDA-94C1DCB4DA06-300x169.jpeg)
PayPal’s Stablecoin a Stunt to ‘Profit From The Crypto Hype’
PayPal’s new stablecoin, dubbed PayPal USD (PYUSD), is not so much a program to boost blockchain-based payment services as a marketing stunt designed to cash in on the cryptocurrency hype, according to some analysts. The company launched its dollar-pegged stablecoin