PayPal joins Plasma and Polkadot’s Hydration in wave of new stablecoin initiatives

The stablecoin sector is entering a new phase of competition, with major players unveiling fresh initiatives to capture part of the $280 billion market. On Sept. 22, PayPal, Bitfinex-backed Plasma, and Polkadot’s Hydration protocol announced new projects to strengthen the role of dollar-pegged assets in global finance source: https://cryptoslate.com/paypal-joins-plasma-and-polkadots-hydration-in-wave-of-new-stablecoin-initiatives/