"All crypto is 100% scam" is an exaggeration. There are legit use cases - but you've no way of ever being sure - and due to lack of regulation, you don't get an

"All crypto is 100% scam" is an exaggeration. There are legit use cases - but you've no way of ever being sure - and due to lack of regulation, you don't get any protection either. And there's about enough scam going on, that might just as well be 100% scam - but it's not. PayPal is not above profiting from scams. They are treating buyers pretty well, but there's quite some horror stories out there on the seller side of things. There's also a wave of Fraud on the platform, a long list of controversies and some class action lawsuits as well. So in summary: crypto is not 100% scam (but maybe 99%?) and PayPal launching a StableCoin does not mean that this new coin is not gonna be used in/for any scams.