PayPal’s reported launch of a stablecoin is sending ripples of excitement throughout the crypto community with Bitcoin OG Charlie Shrem predicting it will send the Bitcoin price skyrocketing to $250,000 per coin, along with Ethereum seeing a 10x growth on a faster timetable.

"Paypal launching a stablecoin will skyrocket Bitcoin to at least $250,000 faster than it was supposed to, and Eth likely will 10x on a faster timetable. Very exciting."

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