It's not the first type of stablecoin issued by a private company as a standout benefit, especially which I've learned in a while, the PP version of a stable coin is gonna be very centralized. I think it's just a representation of the PP service with all terms of use.

PP doesn't even have to use the term "fast and cheap" as the USP of their product, if used outside the ecosystem of the platform it will depend on the Ethereum network and the user's transaction self-settings.