#稳定币 PayPal's recent moves are really interesting — they are cleaning up the baggage of traditional finance while simultaneously rushing to apply for banking licenses. On the surface, it seems contradictory, but in fact, they are preparing for the "battlefield" of stablecoins.

Think about it, stablecoins are becoming the infrastructure of the crypto world, connecting on-chain and off-chain, DeFi and the real world. Whoever controls the issuance and circulation channels of stablecoins will hold the gateway to Web3 finance. Traditional giants like PayPal have finally realized that if they don't actively embrace this wave of change, they might really be left behind by history.

What does a banking license mean for them? Compliance, trust, and most importantly — the ability to build a smoother bridge between traditional finance and the crypto world. This is not just about survival; it’s also about proactively laying out the future where decentralized finance and traditional finance merge.

What’s truly exciting is that this shift indicates the entire industry is moving toward maturity. More and more leading players are taking Web3 seriously, and this positive signal will open up more possibilities for the development of the entire ecosystem. The competition for stablecoins has just begun, and the best is yet to come!