Coinbase and PayPal Double Down on Crypto Domination—Stablecoin Payments Go Mainstream
Wall Street’s favorite frenemies just got cozier. Coinbase and PayPal are expanding their partnership to push stablecoins deeper into the payments ecosystem—because nothing says ’financial revolution’ like replicating fiat with extra steps.
The move signals a strategic play to capture the $150B+ stablecoin market while traditional banks scramble to keep up. PayPal’s 435M users now get smoother on-ramps to crypto, while Coinbase tightens its grip on institutional flows.
Critics whisper this is just centralized finance cosplaying as DeFi—but when the rails work, who cares about the ideology? (Answer: crypto Twitter, eternally.)
One thing’s clear: the dinosaurs of finance either adapt or become collateral in the next bull run.