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PayPal has confirmed that Cointelegraph intends to launch a stable currency

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PayPal Coin (NASDAQ 🙂 The American giant Fintech has announced that it has confirmed its intention to launch its stable coin called PayPal Coin. Developer Steve Moser found the development of a stable home coin in Paypal’s iPhone app source code.

Jose Fernandez da Ponte, PayPal’s director of crypto and digital currency, confirmed the evidence found in the PayPal application. say Bloomberg News:

PayPal Coin logo found inside PayPal application. Source: PayPal iPhone app