PayPal’s Crypto Boss: Banks Hold the Key to Stablecoin Mass Adoption

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2025-05-15 19:38:15

PayPal Crypto Head Says Banks Are Needed to Unlock Full Stablecoin Potential

Traditional finance gatekeepers might grumble, but even PayPal’s crypto chief admits: banks are the missing link for stablecoins to go mainstream.

Why? Because 90% of money still moves through legacy rails—and no amount of DeFi purism changes that. The irony? Crypto needs the very institutions it vowed to disrupt.

Watch for backroom deals as TradFi demands their pound of flesh. After all, what’s a financial revolution without some good old-fashioned rent-seeking?

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