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PayPal CEO: The widespread adoption of stablecoins will take time, and a rewards mechanism should be introduced to incentivize users.
[Coin World][PayPal CEO: The Popularization of Stablecoins in the US Market Still Requires a Long Time] PayPal CEO Alex Chriss said in an interview with Bloomberg TV on Thursday that the popularization of stablecoins in the US market still faces significant obstacles and will take a long time to achieve. Chriss explained: “From the consumer’s perspective, there isn’t a real incentive to drive the popularization of stablecoins, which is why we are starting to roll out products like rewards mechanisms and begin to incentivize users in these ways.”