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PayPal was a founding member of Libra but dropped out after a few months. But that association might benefit PayPal more than cryptocurrencies, other experts suggested. UL] to travel site Expedia Group Inc EXPE. PayPal Chief Executive Dan Schulman said ahead of the launch that the company was working with regulators on central bank digital currencies. O have announced plans to accept digital assets over the past 10 years, but none have prompted large-scale adoption by cryptocurrency users as a means of payments. The real question, however, is whether people will actually want to spend their cryptocurrencies, which are seen by many as a store of value, experts said. By making settlement happen through traditional, or fiat, currencies, it also allows merchants to avoid exposure to volatility risk when accepting cryptocurrency payments.

Anna IrreraTom Wilson 6 分で読む LONDON Reuters - PayPal App paypal game Inc's PYPL. account holders to hold cryptocurrencies and shop with them at its 26 million merchants. Through the move PayPal is also broadening the suite of products click here its wallet, reflecting a winning strategy by Chinese rival Ant Financial, whose popular Alipay digital wallet includes services such as payments, loans and insurance.

Large companies from computer maker Dell Inc [DI. App paypal game have been spurred on by the prospect of privately-issued tokens such as Facebook's FB. App paypal game Libra gaining wide traction. App paypal game PHOTO: The PayPal logo is seen during an event at Terra Gallery in San Francisco, California May 21, It is also likely to prepare the company for the advent of mainstream digital coins, like those that could be developed by central banks, they added.

O decision to open its network to bitcoin and its rivals was hailed by virtual coin enthusiasts as a watershed moment for cryptocurrencies and their path towards becoming a widespread means of payment. The California-based company plans to expand the service to Venmo, its peer-to-peer payment app popular with younger consumers, by the first half of next year.

More info the question is, would someone want to use it for merchant transactions, which app paypal game more of an unknown.

Nthe payments company led by Twitter boss Jack Dorsey, has been offering crypto buying and selling in its increasingly popular P2P payment app Cash since Online brokerage Robinhood Markets Inc has been offering crypto trading since and has seen overall app paypal game boom this year.

Reporting by Anna Irrera and Tom Wilson in London; Editing by Rachel Armstrong and Pravin Char.

Such coins are a world away from the ethos of bitcoin, which sought to subvert the financial establishment by doing away with a central issuer or authority. The company said it hoped the service would help cryptocurrencies become more useful, while readying its network for the emergence of more mainstream digital coins.