I don't like paypal very much.
They can limit or close your account from no reason.
Support is not very good or friendly.
So, yeah, i won't use this definitely
Exactly. A company with a proven track record of censorship and bad customer service cannot be trusted with your money. If they used to block or freeze accounts at will, what makes you think they won't do the same with their stablecoin? Allowing PayPal to launch a stablecoin will give it more power than it already has. The US government should take action by questioning the company's intentions. We can see the SEC is already behind PayPal's "tail".
If regulators stopped Facebook from launching its very own Blockchain, they can also stop PayPal from rolling out PYUSD. We'll have to see if that will be the case in the long run. For true financial freedom, I'd suggest you use Bitcoin or Litecoin instead. Who knows if stablecoins will eventually disappear as CBDCs take over the world by storm? Just my opinion
