PayPal: No matter how much you earn from Facebook-Insta, it will not work without the help of Elon Musk

PayPal: No matter how much you earn from Mark Zuckerberg's app Facebook and Instagram, your work will not work without the help of Elon Musk. Know the complete details about it here, what is it that why the work of so many popular apps will not work without Elon Musk.

Meanwhile, strong competition is going on between the two giants of the social media platform, Elon Musk and Mark Zuckerberg. Although the tag of copycat is attached to Mark Zuckerberg, but after what we will tell you today, you will also say that Mark will not work without Eloam Musk. In fact, Mark is often seen adding interfaces, features etc. from other apps to his Instagram, WhatsApp and Facebook. Users also earn millions from Facebook-Instagram. But have you ever thought that whose app is the one that brings you or other users' earnings? Actually we are talking about whose PayPal account this app is and how it is necessary for Facebook-Instagram to know its complete details.

Payout of Facebook-Instagram through PayPal account

Most of you users would know this when you set up payouts on Facebook and Instagram, then you would have two options show, first your bank account and PayPal account, if you have a business page, then you need to connect PayPal account, if If you want to place ads on your page then you need a PayPal account.

PayPal Account For Facebook

Ilon Musk has a connection with PayPal

PayPal was once a company of Elon Musk. Tech entrepreneurs Max Levchin and Peter Thiel founded Confinity in 1998. After some time the name of Confinity was changed to PayPal. In March 2000, Elon Musk's online banking company X.com and PayPal merged, in 2002 eBay bought PayPal from Elon Musk. In the year 2015, PayPal separated from eBay and became an independent company.

A few days ago, the payment company PayPal has launched a stable coin, it will be connected to the US dollar. PayPal is the first major financial technology firm to incorporate digital currency into payments and transfers

Meta also tried to launch a stable coin

Meta was unable to launch its stable coin in the year 2019, before that many big companies tried to introduce stable coin, but all those companies faced the ban of financial regulators, due to problems related to global financial stability. Since Meta could not launch its stable coin Libra.