Episode 1288 • • 1:20:09 - 1:24:06
1288: Croaker
PayPal Bitcoin Integration, Central Bank Digital Currency
PayPal CEO Dan Shulman announced that the platform will allow users to buy, sell, and hold Bitcoin, though transactions will still be settled in fiat currency for merchants. This move is viewed as a test for "FedNow" and the eventual transition to Central Bank Digital Currencies (CBDCs) as corporations look for ways to park $2 trillion in idle cash.