skip to Main Content
bitcoin
Bitcoin (BTC) $ 79,454.29 5.67%
ethereum
Ethereum (ETH) $ 1,568.09 7.54%
tether
Tether (USDT) $ 0.999891 0.07%
xrp
XRP (XRP) $ 1.86 9.85%
bnb
BNB (BNB) $ 558.54 4.93%
usd-coin
USDC (USDC) $ 1.00 0.00%
solana
Solana (SOL) $ 108.58 10.97%
dogecoin
Dogecoin (DOGE) $ 0.149955 12.12%
tron
TRON (TRX) $ 0.234223 5.35%
cardano
Cardano (ADA) $ 0.583048 11.41%

PayPal CEO Schulman Say He’s Bullish on Bitcoin as a Currency

Paypal CEO Schulman Say He’s Bullish on Bitcoin as a Currency

PayPal CEO Dan Schulman said bitcoin’s usefulness as a currency will ultimately prevail over the buy-and-hold ethos in an interview with CNBC Squak Box Monday.

  • “I think that there’ll be more and more use cases for cryptocurrencies,” that make bitcoin more widely accepted, more stable, and probably “more valuable” over time.
  • PayPal will begin allowing users to transact with crypto as a funding instrument across 28 million businesses early next year.
  • Schulman said central bank digital currency is a global inevitability. As that happens, “you’ll have more and more utility happen with cryptocurrencies,” he said.
  • “Both may play important roles going forward,” he said.
  • PayPal’s cryptocurrency purchasing services is scooping up an overwhelming number of newly minted bitcoins, according to Pantera.
  • Bitcoin was trading hands around $18,480 at the time of his interview.
Loading data ...
Comparison
View chart compare
View table compare
Back To Top