Digital Euro Needed to Counter Stablecoins, Non-European Big Tech, ECB Chief Economist Says [Yahoo! Finance]
PayPal Holdings, Inc. (PYPL)
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Source: Yahoo! Finance
stablecoins and U.S. electronic payments systems are gaining in region's the financial system. The prevalence of electronic payments provided by Big Tech firms, such as Apple Pay, Google Pay and PayPal, "exposes Europe to risks of economic pressure and coercion," Lane said, according to the text of a speech at University College, Cork in Ireland on Thursday. "The digital euro would provide a secure, universally accepted digital payment option under European governance, reducing reliance on foreign providers," Lane said. "The availability of the digital euro would also limit the likelihood of foreign-currency stablecoins gaining a foothold as a medium of exchange in the euro area." Lane pointed out that 99% of the stablecoin market is made
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PYPL
Earnings
- 2/4/25 - Beat
PYPL
Sec Filings
- 3/18/25 - Form 4
- 3/18/25 - Form 4
- 3/18/25 - Form 4
- PYPL's page on the SEC website