PayPal has announced the launch of its 'Pay with Crypto' feature for merchants in the U.S., covering over 100 cryptocurrencies.
Launch of the 'Pay with Crypto' Feature
PayPal has announced the launch of its 'Pay with Crypto' feature that will allow merchants to accept cryptocurrency payments. This feature will be rolled out for U.S. merchants in the coming weeks, providing near-instant international transactions and significant fee reductions.
Supported Cryptocurrencies
PayPal will support over 100 cryptocurrencies, including Bitcoin, Ethereum, and Solana, as well as popular stablecoins like Tether and USDC.
Integration with Major Platforms
'Pay with Crypto' will be integrated with major crypto platforms like Coinbase, Binance, and Kraken, allowing merchants to tap into over 650 million cryptocurrency users.
With the launch of the 'Pay with Crypto' feature, PayPal aims to simplify access to cryptocurrencies for merchants and expand international trade opportunities.