Meltem Demirors "PayPal can run its crypt currency within a year".

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4 years ago

Strategy Director at CoinShares Meltem Demiros believes that the next step of PayPal after adding support for cryptovalut may be to run your own coin.In CNBC's Fast Money program, Meltem Demirors commented on recent news that PayPal will provide an opportunity to buy and sell bitcoins and major alto coins on its platform. She believes that the payment giant will not stop there and will develop its own crypt currency.Demiros reminded that PayPal has a mobile payment service Venmo with an audience of 300 million users. Most of these users are millenniums, and this age group prefers bitcoin to other types of investments.In case of popularity of the cryptovite on PayPal, the company may well launch its own cryptovite. All the more so because earlier the payment system was already involved in the Libra stablcoin project, although it left the association quite quickly.Thus, Meltem Demirors expects that PayPal will launch a dollar-linked stabilitycoin. Rumors about plans to add the possibility of direct buying cryptovalut on PayPal and Venmo appeared back in June.

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