this post was submitted on 07 Aug 2023
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45
PayPal is Introducing a new crypto currency. (www.paypal.com)
submitted 1 year ago by ShehanPerera to c/[email protected]
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PayPal is Introducing a new crypto currency and you’ll be able to buy, sell, hold, and transfer it in the app. 1 USD : 1 PYUSD on PayPal

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[–] [email protected] 9 points 1 year ago

PayPal can just up and freeze your account at any moment, keeping all of your money locked away. I've read of several ebay sellers who've used PayPal before and ran into Issues when trying to withdraw. If I wouldn't trust them with regular payments, why would they be anymore appealing as a crypto coin?