Here are five things in technology that happened this past week and how they affect your business. Did you miss them?
1 —PayPal is inching closer to launching its very own stablecoin.
PayPal announced this past week that it plans to roll out its own PayPal Coin that will be supported by the U.S. Dollar. The announcement didn’t detail just how close PayPal is to launching it. According to reports, PayPal would need to have clear guidelines on regulations and the required licenses. Additionally, the stablecoin would have to be secure and support payments at a large scale. (Source: Yahoo Finance)
Why this is important for your business:
Do you have a complaint about PayPal or Venmo, such as locked accounts or funds seized for unspecified Acceptable Use Policy violations? Take your claim to FairShake, the consumer advocacy service.