PayPal is Pausing its Stablecoin Development as its Partner, Paxos, is Under Investigation; Other Scrutinies

PayPal is developing a stablecoin, but its efforts are seeing a setback for now. If it is not yet known to everybody, there are talks that PayPal is developing its stablecoin to soon launch to the world, with the fintech company now pausing its efforts after several scrutinies rose.

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