Paypal coin is in the process, so basically it would be one of the stablecoins for the crypto market. Considering we all know how paypal blocks accounts, freezes money and doesn't even return it to the affected party. I think stablecoin will be one giant "game of fortune". But let's see where this madness of random companies trying to be govt of their own in the madness of blockchain. What do you think where this will go? Check the news & Image Credit: https://www.bloombergquint.com/business/paypal-is-exploring-launch-of-own-stablecoin-in-crypto-push
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Crypto needs players like PayPal onboard though in order to get better uptake. However, PayPal needs to allow crypto holders to use their service as a wallet so that those funds could be used in PayPal. In fact, if PayPal was smart they would pay the fees to allow users to move their crypto over to PayPal. This way people would move their stuff over to a service that they are already using and everyone wins. Of course it's moot for me because I don't live in the States and so I can't use anything crypto at the moment.