As much as I dislike Paypal as a company, for those of us who support crypto, I do feel that it needs more rails for consumers. They have been fairly quietly supporting crypto for a long time now. Their focus on Bitcoin and ETH and not an endless stream of shitcoins, is quite nice.<p>update: CLG has a good thread on this: <a href="https://twitter.com/ChainLinkGod/status/1688591337090875392" rel="nofollow noreferrer">https://twitter.com/ChainLinkGod/status/1688591337090875392</a>
<i>"PayPal USD is issued by Paxos Trust Company, a fully licensed limited purpose trust company subject to regulatory oversight by the New York State Department of Financial Services. In June 2022, PayPal was issued a BitLicense by NYDFS after previously obtaining a conditional BitLicense."</i><p>Can we throw some smoke in this press release? Yes