PayPal executive Jose discusses the firm's crypto strategy, stablecoin adoption, and the shift from trading-focused use cases to cross-border B2B payments and remittances. He emphasizes velocity over market cap and predicts stablecoin deconcentration with clearer regulation.
In this interview, Jose from PayPal outlines why the firm entered crypto five years ago, citing cost advantages of blockchain transactions over traditional payment rails. He explains PayPal's stablecoin strategy, noting it was built for payments and business use cases with strong regulation and asset transparency. The discussion covers stablecoin evolution from trading mechanisms to collateral to DeFi to peer-to-peer and merchant adoption. Jose highlights remittance as a key near-term use case, describing how stablecoins can reduce settlement float and counterparty risk. He argues the industry overemphasizes market cap when velocity and active users matter more. Looking ahead, he predicts stablecoin deconcentration, regulatory clarity, and a shift toward B2B cross-border use cases with fiat front-ends and stablecoin settlement layers.