Duration 11:14

PayPal explains the vision for its dollar-pegged stablecoin: CNBC Crypto World

by CNBC Television

17 733 watched

443

Published 8 Aug 2023

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Jose Fernandez da Ponte of PayPal discusses the rollout of the firm’s dollar-pegged stablecoin. Chapters: 00:00 - CNBC Crypto World, Aug 8, 2023 0:22 - Bitcoin on the rise 0:43 - The headlines 2:30 - Jose Fernandez da Ponte of PayPal For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi� � » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC https://www.cnbc.com/select/best-credit-cards/� � #CNBC #CNBCTV PayPal explains the vision for its dollar-pegged stablecoin: CNBC Crypto World

Category News & Politics

Comments - 98

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@CNBCtelevision9 months ago Check out the next episode of CNBC’s Crypto World:
@

@Lemariecooper9 months ago Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do. ... 243
@

@SirTEDDYxx9 months ago The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. But all thanks to Allen Jostein for his amazing skills for helping me to earn 15.6 Btc through trading chart. I believe we are in the spring phase.. ... 166
@

@garettsteve33259 months ago Putting well-earned money into the stock market can be over emphasize for first time investors,unlike a bank where interest is sure thing! Well, basically time are uncertain, the market is out of control,and banks are gradually failing. I'm working on a ballpark estimate of $5m for retirement, and I've a good 6 figure loaded up for this, could there be any opportunity a boomer like me? ... 52
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@serenityofzen44079 months ago I'm not gonna use it, but I'm glad it influenced Bitcoin's price in a good way. I've been accumulating it in OWNR for a long time, good to see it on the rise again. 1
@

@roxyboxy697 months ago Just bought 20.00. I have no idea why but I did. Lol. Not missing out on another crypto. Regardless doesn't sound like ill lose any money. Why not.
@

@herbh78939 months ago I neither have problems of payment with fiat within seconds nor a cost issue for payment. They are solving a problem that does not exist. PLUS even create a new disadvantage: Programmability. Who wants to have his money or transactions being programmable by a central intance? Like someone deciding you are not allowed to buy at store XY or buy product Z.
Even more: put in under the control of a company that recently tried to introduce fines and be lawmaker, investigator/police, judge and executioner by itself. ... 1
@

@mikepatel20679 months ago You guys need to throw out CEO asap …. Please hire someone asap 1
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@salomeirene8548 months ago Actually, there is a growing demand for stablecoins that can function independently, free from centralized control or regulatory influence. One example is Ethena's USDe, which is entirely crypto-native and censorship-resistant. ...
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@chuckiekoertge19879 months ago I don’t think people realize how huge this can potentially be! Buying up shares like candy under $65, also a little bit of long call options. PayPal! 🚀 6
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@witness10139 months ago We have a dollar pegged stable coin. It's called the US Dollar.. Why would I trade my real dollar for one of PayPal's magic bean dollars ? 8
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@deadpoolredsuit48929 months ago The PayPal stablecoin.. why did PayPal choose Ethereum over Cardano? ..it fails to make sense?
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@SummerRice9 months ago Web3 Ignite IGNITE3 is gonna explode anytime soon
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@id10t989 months ago If only there was some currency that is pegged to the US Dollar...
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@bosticpoindexter64819 months ago I’ll wait until PayPal gets its own wallets before I take them serious
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@prgmr50579 months ago Didn't PayPal float the idea to fine users $2500 for misinformation a while back? That's an organization you can trust to handle your money. 4
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@herbh78939 months ago Todays worldwide trends go away from the dollar. Maybe this gives him a boost. For myself, i'd rather want to invest in the upcoming BRICS currency. Those countries are growing faster.
@

@blueberrrry9 months ago PayPal is the EveryThing app what Elon Musk craves for so much
@

@drazox06189 months ago Web3 Ignite IGNITE3 is gonna explode anytime soon
@

@icha81519 months ago Web3 Ignite IGNITE3 is gonna explode anytime soon
@

@CNBCtelevision9 months ago Check out the next episode of CNBC’s Crypto World:
@

@Lemariecooper9 months ago Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do. ... 243
@

@SirTEDDYxx9 months ago The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. But all thanks to Allen Jostein for his amazing skills for helping me to earn 15.6 Btc through trading chart. I believe we are in the spring phase.. ... 166
@

@garettsteve33259 months ago Putting well-earned money into the stock market can be over emphasize for first time investors,unlike a bank where interest is sure thing! Well, basically time are uncertain, the market is out of control,and banks are gradually failing. I'm working on a ballpark estimate of $5m for retirement, and I've a good 6 figure loaded up for this, could there be any opportunity a boomer like me? ... 52
@

@serenityofzen44079 months ago I'm not gonna use it, but I'm glad it influenced Bitcoin's price in a good way. I've been accumulating it in OWNR for a long time, good to see it on the rise again. 1
@

@roxyboxy697 months ago Just bought 20.00. I have no idea why but I did. Lol. Not missing out on another crypto. Regardless doesn't sound like ill lose any money. Why not.
@

@herbh78939 months ago I neither have problems of payment with fiat within seconds nor a cost issue for payment. They are solving a problem that does not exist. PLUS even create a new disadvantage: Programmability. Who wants to have his money or transactions being programmable by a central intance? Like someone deciding you are not allowed to buy at store XY or buy product Z.
Even more: put in under the control of a company that recently tried to introduce fines and be lawmaker, investigator/police, judge and executioner by itself. ... 1
@

@mikepatel20679 months ago You guys need to throw out CEO asap …. Please hire someone asap 1
@

@salomeirene8548 months ago Actually, there is a growing demand for stablecoins that can function independently, free from centralized control or regulatory influence. One example is Ethena's USDe, which is entirely crypto-native and censorship-resistant. ...
@

@chuckiekoertge19879 months ago I don’t think people realize how huge this can potentially be! Buying up shares like candy under $65, also a little bit of long call options. PayPal! 🚀 6
@

@witness10139 months ago We have a dollar pegged stable coin. It's called the US Dollar.. Why would I trade my real dollar for one of PayPal's magic bean dollars ? 8
@

@deadpoolredsuit48929 months ago The PayPal stablecoin.. why did PayPal choose Ethereum over Cardano? ..it fails to make sense?
@

@SummerRice9 months ago Web3 Ignite IGNITE3 is gonna explode anytime soon
@

@id10t989 months ago If only there was some currency that is pegged to the US Dollar...
@

@bosticpoindexter64819 months ago I’ll wait until PayPal gets its own wallets before I take them serious
@

@prgmr50579 months ago Didn't PayPal float the idea to fine users $2500 for misinformation a while back? That's an organization you can trust to handle your money. 4
@

@herbh78939 months ago Todays worldwide trends go away from the dollar. Maybe this gives him a boost. For myself, i'd rather want to invest in the upcoming BRICS currency. Those countries are growing faster.
@

@blueberrrry9 months ago PayPal is the EveryThing app what Elon Musk craves for so much
@

@drazox06189 months ago Web3 Ignite IGNITE3 is gonna explode anytime soon
@

@icha81519 months ago Web3 Ignite IGNITE3 is gonna explode anytime soon