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 <p>Also Read: <strong>“We Must Finish The Job”: US Cong’s Patrick McHenry On <a rel="noopener noreferrer nofollow" title="PayPal" href="https://thebittimes.com/tag/paypal.html">PayPal</a> Stablecoin</strong></p>  
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 <p>In this context, the aggressive move by PayPal to launch a stablecoin could likely spur its competitors in the financial and payments space to look further into the crypto market. Despite the regulatory uncertainty around the use of cryptocurrencies in the United States, this move could be a positive sign for crypto adoption, especially in the payments space. Here are the five competitors of PayPal that may potentially launch their own cryptocurrency or a stablecoin:</p> 
 <h3 id="stripe">Stripe</h3> 
 <p>Already, Stripe has worked on crypto integration in its partnership with Elon Musk’s X platform. Earlier, CoinGape reported that the company has been declared as X’s official payment processor for payouts. Interestingly, Stripe already runs a native fiat-to-crypto onramp service.</p> 
 <h3 id="amazon-pay">Amazon Pay</h3> 
 <p>Amazon is known to have experimented with a Europe based Central Bank Digital Currency (CBDC). This could mean the company having long-term plans of launching crypto payments, with linkage to e-commerce.</p>  
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 <h3 id="venmo">Venmo</h3>  
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 <p>The <a rel="noopener noreferrer nofollow" title="PayPal" href="https://thebittimes.com/tag/paypal.html">PayPal</a> USD will be made available on Venmo, it was announced on Monday. This leaves potential for further crypto use cases with the mobile payment service.</p> 
 <h3 id="apple-pay">Apple Pay</h3> 
 <p>The payments platform has already introduced several crypto linkage <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> like “Tap-to-pay.” The iPhone maker has the advantage of producing hardware and could potentially launch own cryptocurrency along with the Apple hardware wallet.</p> 
 <h3 id="google-pay">Google Pay</h3> 
 <p>Google Pay already allows purchase of cryptocurrencies via its platform. Thanks to the power of the Play Store, Google will be able to control crypto payments on the Play Store apps, which makes room for a Google native <a rel="noopener noreferrer nofollow" title="stablecoin" href="https://thebittimes.com/tag/stablecoin.html">stablecoin</a> or cryptocurrency.</p> 
 <p>Also Read: <strong>Terra Luna Classic Proposals To Burn 800 Million Tokens Officially Passed, USTC &amp; LUNC To $1?</strong></p> 
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5 PayPal Rivals Who May Launch Their Own Stablecoin

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