You note the muted response to the new stablecoin. Looking at their dramatically flattened user numbers (https://www.statista.com/statistics/218493/paypals-total-active-registered-accounts-from-2010/) and thinking about the timing of that, I wonder if people aren’t interested in the new offering precisely because “PayPal is [still] able to cancel accounts, block transactions and so on”.
You note the muted response to the new stablecoin. Looking at their dramatically flattened user numbers (https://www.statista.com/statistics/218493/paypals-total-active-registered-accounts-from-2010/) and thinking about the timing of that, I wonder if people aren’t interested in the new offering precisely because “PayPal is [still] able to cancel accounts, block transactions and so on”.
I'm sure that's why the crypto crowd are staying with Tether.