PayPal has unveiled “Pay with Crypto,” a new service designed to integrate cryptocurrency payments into mainstream global commerce, significantly reducing cross-border transaction costs for businesses. This innovative solution enables merchants to accept over 100 cryptocurrencies, with instant conversion to a stablecoin or fiat currency.

“Pay with Crypto” aims to connect merchants to the $3+ trillion crypto market, tapping into a global base of over 650 million crypto users. The service boasts a transaction rate of just 0.99% until July 31, 2026, which PayPal states can decrease transaction costs by up to 90% compared to traditional international credit card processing fees.

“Pay with Crypto” will be available…