In a recent interview with CNBC, former PayPal president David Marcus said that in his opinion Bitcoin lightning network will be increasingly used as a layer to transfer money between different countries.
This is because traditional fiat payments are very expensive and sometimes require very long waiting times.
The very low cost and fast execution of Bitcoin transactions with LN would be the factors that could trigger the technology’s boom in the foreign payments market, according to Marcus.
Contrary to the words of its former president, however , PayPal seems to be betting more in the world of stablecoins, particularly in the cryptocurrency it created itself PYUSD, i.e., a cryptocurrency pegged to the value of the U.S. dollar.
The latter saw a sharp increase in its supply a few days ago, leading its capitalization to exceed the $100 million mark, confirming the increased demand for the digital asset in the Ethereum blockchain.
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According to former PayPal president
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