PayPal plans to launch PayPal World, a platform connecting domestic digital wallets to its global network, simplifying cross-border transactions for nearly two billion users. The system offers fast settlement and currency conversion similar to stablecoins, without relying on blockchains or tokenized assets.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.