The news of PayPal’s soon-to-be launched stablecoin, PYUSD, is seen as a huge win for Ethereum, but not so much for centralization.
that PayPal’s PYUSD could have been “epic” but believes some of the engineering choices were suboptimal — such as choosing an outdated version of Solidity to program the contract, making the contract upgradeable and not making it gas efficient.in a separate post that while PayPal's stablecoin is centralized, Ethereum users are free to choose whether they wish to use it or not.No, that doesn't make it any less cool that PayPal has a stablecoin.
Ethereum being a settlement layer for all types of value means that different types of assets will exist on the network & you get to choose which ones you want to use.
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