PayPal is committed to integrating all available crypto and blockchain
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PayPal is committed to integrating all available crypto and blockchain services

PayPal Vice President Richard Nash said that the payment service is doing everything possible to ensure the integration of all available blockchain services and cryptocurrencies on its platform. He announced the company’s intention in an exclusive interview with the resource. coin telegraph at the World Economic Forum in Davos, Switzerland.

    Image source: mohamed hassan / pixabay.com

Image source: mohamed hassan / pixabay.com

With the integration with Bitcoin for US users in 2020, the platform aims to expand the options available to users, including the upcoming official digital versions of government currencies (CBDC). “We’re committed to working with others to cover everything we can, be it the tokens we have in PayPal digital wallets now, private digital currencies, or CBDCs in the future.”said Nash.

The top executive also hinted that he owns a certain amount of cryptocurrencies himself, which is fully consistent with his position at the company. Last March, PayPal added the ability to pay for goods and services with cryptocurrency for customers and business owners. In addition, according to unconfirmed information, the company will also release its own digital asset with a fixed price (stablecoin), which may be called PayPal Coin.

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Robbie Elmers

Robbie Elmers is a staff writer for Tech News Space, covering software, applications and services.

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