PayPal (PYPL) Blockchain Lead José Fernández da Ponte Joins Stellar

José Fernández da Ponte, formerly the head of blockchain at PayPal, has left the fintech giant, where he oversaw the roll-out of digital currencies and stablecoins, to become president and chief growth officer of the Stellar Development Foundation (SDF) . The foundation also said it appointed Jason Karsh, a former Block and Blockchain.com executive, as chief marketing officer. The Stellar blockchain operates a cash on and off-ramp network through MoneyGram as well as tokenizing real world assets with partners including Franklin Templeton. But going back over a decade, Stellar has...