PayPal Launches Stablecoin, Fuels X Integration Speculation

Global payment giant PayPal (PYPL) has entered the cryptocurrency arena with the introduction of its U.S. dollar-pegged stablecoin, PayPal USD (PYUSD). This groundbreaking move marks a significant step towards bridging traditional finance and the digital currency realm, Bloomberg reported. Notably, renowned analyst Michaël van de Poppe’s tweet has ignited speculation about potential integrations, hinting at a possible future connection between PayPal’s stablecoin and X payments.