©Reuters. Google Pay Hires PayPal Executive to Head Its Payments Division, Including Plans to Explore Crypto
Google (NASDAQ:) has hired a former PayPal (NASDAQ:) executive to help Google Pay, with plans to expand into the cryptocurrency space.
Arnold Goldberg has been commissioned to lead Google’s payments division as part of a company-wide push into financial services, including cryptocurrencies.
- PayPal would confirm plans to explore the launch of a stablecoin
Google president of commerce Bill Ready told Bloomberg that:
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