PayPal had crypto worth $ 60 million last year

Bis Ende 2022 hielt PayPal im Namen seiner Benutzer über 600 Millionen US-Dollar an digitalen Assets in Krypto. Darin enthalten waren 291 Millionen Dollar in Bitcoin (BTC) und 250 Millionen Dollar in ETH. Laut PayPal Jahresbericht Laut der Securities and Exchange Commission wurde der Rest seiner 63 Millionen Dollar in Krypto zwischen Bitcoin Cash (BCH) und Litecoin (LTC) verteilt. Insgesamt hielt das Unternehmen 604 Millionen US-Dollar an digitalen Vermögenswerten. In Dollar ausgedrückt ist das weniger als das, was das Unternehmen im dritten Quartal hielt – als der Preis von Bitcoin etwa 19.400 $ betrug. Der Zusammenbruch von FTX folgte etwa …
By the end of 2022, PayPal held over $ 600 million of digital assets in crypto on behalf of his users. This included $ 291 million in Bitcoin (BTC) and $ 250 million in ETH. According to the PayPal annual report, according to the Securities and Exchange Commission, the rest of his $ 63 million in crypto between Bitcoin Cash (BCH) and Litecoin (LTC) was distributed. The company held a total of $ 604 million of digital assets. To put it in dollars, this is less than what the company held in the third quarter - when Bitcoin's price was around $ 19,400. The collapse of FTX followed ... (Symbolbild/KNAT)

PayPal had crypto worth $ 60 million last year

by the end of 2022 PayPal, on behalf of its users, kept over $ 600 million of digital assets in crypto.

included $ 291 million in Bitcoin (BTC) and $ 250 million in ETH.

  • annual report According to the securities and Exchange commission, the rest of its 63 million dollar became in Crypto between Bitcoin Cash (BCH) and Litecoin (LTC) distributed. The company held a total of $ 604 million in digital assets.
  • expressed in dollars, this is less than what the company held in the third quarter-as the price of Bitcoin was around $ 19,400. The collapse of FTX followed about a month later, which dropped the value of the assets to $ 16,600 each.
  • The assets belonged to customers who used PayLet service from PayPal, with which customers can buy, sell and maintain cryptocurrencies. In June, the company started allow users can withdraw their Bitcoin and Ethereum in external wallets.
  • The executives of PayPal, including CEO Dan Schulman and co-founder Peter Thiel, are largely optimistic about digital assets. The previous believes stablecoins, CBDCs and digital wallets have the power to revolutionize the latter as an alternative to central banking, as we know it.

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