The post Concerns Raised Over PayPal’s PYUSD Stablecoin Launch! appeared first on Coinpedia Fintech News Maxine Waters, the US Congresswoman, and Chair of the House Financial Services Committee, has expressed “deep concerns” about PayPal’s recent launch of its stablecoin PYUSD without the existence of a regulatory framework. Waters claims that, given Paypal’s reach and size, federal oversight and enforcement are needed to guarantee protection to consumers and ease financial stability …
