PayPal CEO Says Long-Term Stablecoin Adoption Will Take Time

PayPal Holdings Inc. Chief Executive Officer Alex Chriss said adoption of stablecoins in the US still faces significant hurdles and will take time to achieve.

“From a consumer standpoint, there isn’t a real incentive to drive adoption, which is why we are starting to create things like rewards and starting to incentivize users,” Chriss said in a Bloomberg TV interview Thursday.