Dimitri-H / Bit-Block.org (@GraciousInterests)

"💵 @PayPal's new stablecoin could reshape the crypto landscape and influence U.S. regulation.But what does $PYUSD mean for the industry? " It means nothing. It is but a x-th iteration of a stablecoin used for on-platform swapping. Reminiscent of the $FTT token from #FTX . It can be a point of dramatic failure if not properly backed or managed. https://twitter.com/CoinDesk/status/1690332639566401536