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What potential impact does PayPal's stablecoin launch have on other financial giants exploring stablecoins?

Want to Know How major players outside the financial sector, like
#Stripe, #Amazon Pay, #Venmo, #Apple Pay, and #Google Pay, are considering entering the #stablecoin arena, and how might this diversify the market?
https://coinpedia.org/news/more-stablecoins-coming-5-companies-following-paypals-lead/