Why would I want something that is even less money than if I had money in Paypal... | Hacker News

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		Ekaros on Aug 8, 2023 \| parent \| context \| favorite \| on: PayPal Launches U.S. Dollar Stablecoin Why would I want something that is even less money than if I had money in Paypal?

mistrial9 on Aug 8, 2023 [–]

you do not, it is useful for contracts between payments companies, and directly increases the assets of PayPal Corp. Basically you are a pebble on the beach, and these people want to create new kinds of automatable sand-movers.

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