PayPal CEO Dan Shulman says cryptos will 'redefine the financial world' - CTech

PayPal (NASDAQ:PYPL) CEO Dan Schulman believes "cryptocurrencies will redefine the financial world going forward," he told CTech Monday. "The real exciting thing about digital currencies is what kind of utility can they provide in payments,” Schulman added. Meanwhile, PayPal (PYPL) offers a wide variety of crypto-related products and services to its customers. In January, the company also explored creating its own stablecoin. Some other publicly traded companies that fit in the payments/transactions segment of the digital asset industry include: Block (NYSE:SQ), Visa (NYSE:V), Mastercard (NYSE:MA), RocketFuel Blockchain (OTCQB:RKFL) and KYN Capital (OTCPK:KYNC). In Aug. 2021, PayPal launched a feature for Venmo credit cardholders to buy crypto automatically.