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Ex-PayPal Chief David Marcus Launches Stablecoin Platform to Take On Traditional Banking Rails
David Marcus, the former CEO of PayPal and the executive who led Meta’s shelved Libra digital currency project, is making a new push to rebuild banking on stablecoin rails. He now runs Lightspark, which has unveiled an API-based product that gives platforms and AI agents access to dollar accounts, payments and cards on top of Bitcoin and stablecoin infrastructure. The latest offering launch pushes Banking-as-a-Service into the stablecoin era, giving platforms and AI agents access to dollar accounts, payments and cards over Bitcoin-based rails instead of traditional bank stacks. The move marks a new phase in ... (full story)
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