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Dan Schulman, CEO PayPal says crypto will redefine the financial world. PayPal CEO views cryptocurrency believes cryptocurrency and digital assets could reshape the monetary sector.
Dan Schulman, CEO of PayPal forecasted in a recent speech in Tel Aviv that combination of digital assets, central bank digital currencies, stable coins and digital wallets could reshape the monetary sector. He views cryptocurrency as the " intersection between digital assets, CBDCs, stable coins and digital wallets will redefine a lot of the financial world going forward".
Schulman finds the crypto's USD value and predictions of its movement irrelevant and views optimistically the merits of the digital asset industry and its ability to affect the finance world.
PayPal has already included cryptocurrency in its agenda by introducing an application called 'super wallet' that provides digital asset service. senior Vice President of Crypto and Digital Currencies at PayPal, Jose Fernandez da Ponte said about the company ,"we are exploring a stable coin; if and when we seek to move forward, we will of course work closely with relevant regulators."
Galaxy Digital's CEO, Max Novogratz shares a similar view, predicting that crypto blockchain technology will "reshape the world in ways we can't imagine".
