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Benzinga
Benzinga
Business
Paula Tudoran

PayPal Crypto Executive Steve Everett Calls Startup's Stablecoin-Powered Agent Network A 'Killer Combination' For Global Commerce

PayPal KITE Crypto Uber Economy Databricks General Catalyst NYSE Salesforce Shopify
Paypal,Logo,And,Sign,In,Front,Of,Paypal,Holdings,Headquarters

PayPal (NASDAQ:PYPL) is betting that a "killer combination" of stablecoins and blockchain-based infrastructure can unlock a new machine-driven economy.

That was the message from PayPal Crypto and Digital Assets Head of Global Market Development Steve Everett, who said in a PayPal Ventures statement that startup Kite's system "will be the killer combination that delivers the promises of programmable payments in the exciting frontier of agentic commerce."

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