PayPal is Introducing a new crypto currency and you’ll be able to buy, sell, hold, and transfer it in the app. 1 USD : 1 PYUSD on PayPal

    • FaceDeer@kbin.social
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      1 year ago

      How is a stabletoken pegged to the US dollar a “ponzi scheme?” You don’t earn anything by holding it.

      • ultimate_question@lemmy.world
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        1 year ago

        The buzzword stablecoin sort of lost its luster when all of those stablecoins crashed at the same time as the unstable ones lol