This podcast episode introduces PayPal's vision for PYUSD, a fully backed and regulated stablecoin. PayPal aims to bridge the gap between traditional finance and Web3 by combining benefits of digital currencies and fiat currencies. PayPal anticipates PYUSD will play a significant role in early adoption scenarios, such as remittances, B2B payments, digital goods, and DeFi. PYUSD is an ERC20 token on Ethereum, allowing smart contract functionality and future integration with other protocols and layers.