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Ethereum Cointelegraph

PayPal USD: Boon for Ethereum but not decentralization, says community

Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed central bank digital currency.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

PayPal USD: Boon for Ethereum but not decentralization, says community

Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed central bank digital currency.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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