The crypto community was ecstatic at the launch of the PayPal USD (PYUSD) stablecoin in August. However, Tether’s co-founder doesn’t expect much innovation from the payment giant. Conversely, Tradecurve Markets has been hailed for bringing innovation to the crypto exchange space. Read on to find out more about these recent developments.
Tether’s Co-Founder Speaks on PayPal’s Stablecoin Ambitions
PayPal made its first official crypto involvement in 2020. Since then, the payment giant has been steadily embracing the technology. Its biggest involvement happened in August 2023, when PayPal announced the launch of its stablecoin.
Dollar deposits, cash, and short-term U.S. treasuries back PYUSD. However, Tether’s co-founder says he doesn’t expect much innovation from the payment giant. William Quigley was also an early investor in PayPal.
Despite his relationship with PayPal, Quigley isn’t very bullish about the PYUSD launch. According to him, PYUSD is only a potential way for PayPal to save trillions of dollars in multi currency transactions.
Quigley adds that he knew PayPal had been looking into stablecoins for seven or eight years. He expects very little innovative addition from PayPal to the stablecoin space. The Tether co-founder left the company in 2015 and no longer holds PayPal stocks.
Tradecurve Markets Brings New Innovation To Exchange Space
Cryptocurrency is often regarded as a fast-evolving industry. However, one sector that has seen its growth stalled is crypto exchanges. Despite being a core of the industry, there has been little growth in the crypto exchange space over the last few years.
However, the introduction of Tradecurve Markets (TCRV) has sparked excitement in the space. There are several reasons why this new exchange has piqued the interest of industry experts. Tradecurve Markets will be one of the first all-inclusive trading platforms in the industry.
Tradecurve Markets will grant traders access to several financial markets unlike traditional exchanges. Stocks, forex, options, commodities, and crypto CFDs, are all available on Tradecurve Markets. The platform has launched a demo platform to give traders a glimpse of what is to come.
The platform also supported automated AI trading as well as copy trading. These features will allow users to copy and execute profitable trading strategies automatically. As one of the most innovative exchanges ever launched, Tradecurve Markets has garnered massive investors’ interest.
Three months after its unveiling, the project has raised over $5.8 million, onboarding over 18,000 investors. The project is now in its fifth presale stage where TCRV now retails for $0.025 per token.
For more information about the Tradecurve Markets (TCRV) presale:
Website: https://tradecurvemarkets.com/
Buy presale: https://app.tradecurvemarkets.com/sign-up
Twitter: https://twitter.com/Tradecurveapp
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