Ever wondered what goes on behind the scenes of a giant like PayPal? Join us on today's episode of The Milk Road Show as we sit down with Neil Desilva, former CFO of PayPal Digital Currencies & Remittances, and one of the masterminds behind PayPal's Stablecoin, PYUSD.
You'll learn: • A refresh on PayPal's stated crypto strategy • Why did PayPal decide to launch a stablecoin, and what's the reason behind their choice of Solana? • How is regulation shaping PayPal’s approach, and what's needed to unlock the full potential of their stablecoin? • Where is the industry headed, and what role will players like PayPal, Mastercard, BlackRock, and Stripe play in shaping its future?
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⏱ TIME POINTS ⏱
00:00 - Intro
01:15 - Kelp DAO
02:23 - PayPal's cryptocurrency journey
05:05 - PayPal's direction
07:40 - Long-term prospects: which path will PayPal take?
13:00 - The rationale behind PayPal's stablecoin launch
17:08 - Why Solana was chosen for PayPal's stablecoin
20:00 - Catalysts for mainstream cryptocurrency adoption
24:40 - The impact of regulation on PayPal's cryptocurrency ventures
33:50 - Market predictions: where are we headed this cycle?
38:35 - Outro
📃 Disclaimer 📃 The information presented in this video is for educational and informational purposes only. It should not be considered as financial, legal, or tax advice. The views and opinions expressed by the speakers, are their own and do not constitute professional advice. The speakers are not licensed financial advisors or registered investment advisors. Investing in cryptocurrencies carries significant risks, including the potential for substantial losses. The speakers do not guarantee any specific outcome or profit. Viewers should consult with a qualified financial professional before making any investment decisions.