PayPal CEO Says Long-Term Stablecoin Adoption Will Take Time (1)

June 26, 2025, 8:54 PM UTC

PayPal Holdings Inc. Chief Executive Officer Alex Chrisssaid adoption of stablecoins in the US still faces significant hurdles and will take time to achieve.

“From a consumer standpoint, there isn’t a real incentive to drive adoption, which is why we are starting to create things like rewards and starting to incentivize users,” Chriss said in a Bloomberg TV interview Thursday.

CEO of PayPal Alex Chriss
Photographer: Kent Nishimura/Bloomberg

Initial stablecoin use cases for PayPal customers have predominantly involved international transfers, according to the CEO.

“We’re excited for the future of stablecoins,” Chriss said. “The first use cases are most likely to be cross-border transactions, when you ...

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