Intelligent Fin.tech Issue 24 | Page 23

FOLLOWING THE MONEY
FOLLOWING THE MONEY
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UNITED STATES

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JAPAN

PayPal Holdings has announced an expansion of its global strategic partnership with Shopify in the US PayPal will become an additional online credit and debit card processor for Shopify Payments through PayPal Complete Payments , a solution for marketplaces and platforms comprised of flexible and powerful developer tools .
Brad Garlinghouse , CEO of Ripple , has expressed optimism about the future demand for stablecoins tied to the Japanese yen , predicting that it is only a matter of time before such digital currencies gain traction in Japan . “ People will want to hold yen stablecoins , and I think that is only a matter of time ,” Garlinghouse stated during a recent interview with Bloomberg ’ s The China Show . Garlinghouse described Japan as a market that , while conservative in certain respects , offers a robust environment for entrepreneurial activity .
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