May 7, 2019, Yahoo! Finance published an interview with PayPal CFO John Rainey. He confirmed that the company is positive about blockchain and cryptocurrency technologies. For example, Bitcoin fell into the sight of PayPal experts back in 2015. The subsequent adoption of the main cryptocurrency was the result of a public inquiry, to which the payment system could not fail to respond. But how deep is the PayPal team ready to integrate crypto?
“We have teams clearly working on blockchain and cryptocurrency as well, and we want to take part in that in whatever form that takes in the future — I just think it’s a little early on right now (on bitcoin)”, John Rainey said.
As we see, in the future we should expect innovative blockchain solutions from PayPal. Perhaps this will be the release of its own cryptocurrency. When can it happen? One can only guess.
Positive assessment of BTC and faith in its prospects seems to be the most significant thing which was observed in the speech of the PayPal official. This is fully correlated with the opinion of experts who prophesy a new stage of growth in the price and popularity of Bitcoin in 2020.