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How PayPal Upended the Crypto Debate in Washington D.C.

Democratic policymakers are rethinking their stance on stablecoins in the wake of the fintech giant's PYUSD announcement, says John Rizzo. Here's why.

Cynthia Lummis, U.S. Senator, WY, U.S. Senate and Nikhilesh De, Managing Editor, Global Policy and Regulation, CoinDesk with Congressman Patrick McHenry on the screen (Shutterstock/CoinDesk)
Cynthia Lummis, U.S. Senator, WY, U.S. Senate and Nikhilesh De, Managing Editor, Global Policy and Regulation, CoinDesk with Congressman Patrick McHenry on the screen (Shutterstock/CoinDesk)