PayPal CEO: stablecoins will still take a long time to become popular in the U.S. market
According to online reports, PayPal CEO Alex Chriss said in an interview with Bloomberg TV on Thursday that the popularity of stablecoins in the U.S. market still faces significant obstacles and will take a long time to achieve. Chriss explained: "From a consumer perspective, there is currently no real incentive to drive the popularity of stablecoins, which is why we are starting to launch products like reward mechanisms and starting to motivate users through these methods."
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