About this episode

The episode discusses PayPal's development of its stablecoin PYUSD and the implications for innovation and regulation in the payments landscape.

Presented by Rain. Host Justin Friedman sits down with Larry Wade to unpack how PayPal brought PYUSD from concept to real-world payments while balancing innovation, regulation, and consumer trust. The conversation explores PayPal’s early move into crypto, why on-chain transfers became critical for interoperability, and what changes when a global payments company shifts from supporting digital assets to issuing its own stablecoin. Larry also breaks down the compliance and operational realities...

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