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PayPal CEO: The popularization of stablecoins in the US market will still take a long time.
According to a report by Jinse Finance, PayPal CEO Alex Chriss stated in an interview with Bloomberg Television on Thursday that the adoption of stablecoins in the U.S. market still faces significant obstacles and will take a long time to achieve. Chriss explained, "From the consumer's perspective, there is currently no real incentive to drive the adoption of stablecoins, which is why we are starting to roll out products like rewards mechanisms and begin to incentivize users in these ways."