Dan Schulman, the CEO of PayPal, Endures Cryptocurrency’s Future

The CEO of Paypal is optimistic about the future of digital currencies and their position in the payments industry.

He told Israel-Tech media outfit  CTech that, The main appeal of digital currencies, in my opinion, is the usefulness they may bring in terms of payments and not worrying about prices or buying and selling it.

According to him, The fledgling asset class's current trading activities and recovery should not be compared to the deep utilities it offers, the majority of which are still being figured out.

A recent doubling down  on cryptocurrencies reaffirms his steadfast support for the nascent asset class, which he predicted will reach mainstream in October 2020.