<ul><li>Visa, PayPal, and other major industry players are showing increasing interest in stablecoins and blockchain technology.</li><li>PayPal completed its first business payment using its in-house stablecoin, PYUSD, and also made a venture investment in blockchain firm Chaos Labs.</li><li>Visa launched the Visa Tokenized Asset Platform (VTAP), allowing banks to issue fiat-backed tokens, enhancing stability and legitimacy in the stablecoin ecosystem.</li><li>The involvement of established players like Visa and PayPal signifies the maturation of stablecoins, opening up new use cases and paving the way for wider adoption in the financial world.</li></ul>

Visa, PayPal and Others Could Bring Utility and Legitimacy to Stablecoins

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