FIRST MOVER: Why MoonPay and PayPal Partnered to Expand Crypto Adoption in the U.S.
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 4 May 2024
⏱️ 15 minutes
🧾️ Download transcript
Summary
MoonPay co-founder and CEO Ivan Soto-Wright discusses their partnership with PayPal.
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MoonPay co-founder and CEO Ivan Soto-Wright joins "First Mover" to discuss MoonPay's recent partnership with PayPal. Plus, the significance of a smooth user experience for mainstream adoption of digital assets.
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This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.
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Transcript
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| 0:49.4 | The reality for crypto today is the user experience is not where it needs to be. |
| 0:53.8 | And so that's where we're |
| 0:55.1 | very committed to our mission of making crypto more like your experience with your fintech |
| 0:59.2 | than, you know, I think traditional crypto company is that, you know, when I started, there |
| 1:03.3 | wasn't even graphical user interfaces for some of these wallets. Like you had to use your terminal. |
| 1:07.1 | It's gone in markedly better. And I think the experiences will continue to improve. |
| 1:11.2 | MoonPay users can now buy crypto via PayPal. The new partnership means that users in the U.S. |
| 1:16.8 | can seamlessly purchase crypto with PayPal through wallet transfers, bank transfers, and debit card |
| 1:22.1 | transactions. Now, the cryptocurrency buying app is the first company to do this with PayPal. |
| 1:27.4 | CEO and co-founder Ivan Soto Wright says that the partnership will help the company reach more customers. |
| 1:32.5 | So how is this going to enable mainstream adoption? |
| 1:35.4 | We explore that now. |
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