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TechFlow reports, Walter Hessert, Head of Strategy at crypto infrastructure provider Paxos Trust, said they are working on additional stablecoin projects similar to PayPal's PYUSD.
When asked whether Paxos had previously discussed with Elon Musk and X (formerly Twitter) about developing a stablecoin for the platform, Hessert did not directly answer but indicated that more projects are underway.
Paxos Trust's Head of Strategy, Walter Hessert, said additional stablecoin projects similar to PayPal's PYUSD are under development. When asked whether Paxos had previously discussed with Elon Musk and X (formerly Twitter) the development of a stablecoin for the platform, Hessert did not directly answer but stated that more projects are underway.
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