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  • Paypal USD: Boon for Ethereum but not decentralization, says community

    • Post author:MiamiCrypto
    • Post published:August 8, 2023
    • Post category:BUSD / Censorship / Custody / Functions / Gnosis / KYC / Online Payments / Paxos Trust / PYUSD / Smart Contract Audit / Solidity

    Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC.

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