28.07.2025 19:05

PayPal has significantly expanded its cryptocurrency offerings, enabling US merchants to accept payments in over 100 different digital assets. This new feature, dubbed "Pay with Crypto," represents a substantial leap forward in mainstream crypto adoption.

The rollout, reported by Fortune and Bloomberg, is anticipated to commence within the next few weeks. Consumers can seamlessly utilize popular digital wallets like Coinbase, MetaMask, and OKX to make these crypto payments. This broadens accessibility and simplifies the process for both merchants and customers.

A key innovation is PayPal's built-in conversion system. Upon receipt, cryptocurrency payments are instantly transformed into US dollars or stablecoins, eliminating volatility risks for merchants and streamlining settlements. This internal conversion process offers a significant advantage.

PayPal projects that this innovative approach will reduce transaction costs by up to 90% when compared to conventional credit card processing fees. This cost-effectiveness, combined with the increased payment options, is poised to drive widespread adoption of cryptocurrency within PayPal's vast merchant network. The initiative was highlighted by an AI-generated article sourced from internet resources, including The Defiant.