Coinbase Drops Fees on PayPal’s PYUSD—Stablecoin Wars Heat Up
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Another day, another play in the never-ending stablecoin turf war. Coinbase just fired a shot across the bow—zero-fee conversions for PayPal’s PYUSD. Because nothing says ’healthy competition’ like a race to the bottom on margins.
Who wins? Traders, for now. But let’s see how long the ’free’ lasts once the VC money burns out. Meanwhile, Tether’s still sipping champagne in the corner, unbothered.
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