PayPal Senior Vice President: The payment ability of stablecoins and the profitability of money market funds may be decoupled in the next few years

Jose Fernandez da Ponte, Senior Vice President and Head of Blockchain at PayPal, said in an interview that the payment ability of stablecoins and the yield ability of money market funds may become decoupled in the coming years. Fernandez said, "I think in a few years, you'll see corporate treasurers keeping their liquidity in money market funds and then converting to stablecoins for payment when they need to, because it makes sense."