PayPal Launches Pay with Crypto Feature Letting U.S. Merchants Accept 100+ Cryptocurrencies to Cut Fees
PayPal has launched a feature enabling U.S. merchants to accept payments in over 100 cryptocurrencies, a move poised to reshape digital payment landscapes. The initiative, titled “Pay with Crypto,” supports major coins like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), alongside numerous altcoins, offering near-instant processing and reduced transaction fees [1][2]. This expansion aligns with PayPal’s broader strategy to bridge traditional finance and decentralized systems, leveraging blockchain technology to enhance cross-border commerce and operational efficiency [3].
The service allows merchants to convert incoming crypto payments into stablecoins or fiat currencies in real time, mitigating exposure to price volatility…
