Visa's platform now supports four stablecoins across four blockchains, including Ethereum and Solana.
PayPal has officially rolled out its “Pay with Crypto” feature, allowing U.S.-based merchants to accept payments in over 100 cryptocurrencies. From Bitcoin and Ethereum to stablecoins like USDT, USDC, and XRP, the platform aims to streamline international commerce with lower fees and faster settlements. Related Reading: Bitcoin Long-Term Holders Begin Distribution: Mirroring Fall 2024 Cycle Merchants can now accept crypto payments from wallets like MetaMask, Coinbase, Kraken, and Binance, with all transactions instantly converted to either U.S. dollars or PayPal’s own stablecoin, PYUSD. This means businesses no longer need to manage wallets or worry about crypto price volatility. With a competitive transaction fee of just 0.99%, PayPal is in line to be a more affordable alternative to traditional credit card processing, which often exceeds 2%. Bridging Wallets and Reducing Barriers for Merchants According to PayPal CEO Alex Chriss, this move targets a $3 trillion crypto market and more than 650 million global crypto users. “We’re removing barriers for global growth,” Chriss said, emphasizing the feature’s ability to connect merchants with buyers worldwide. The system provides near-instant fund access and offers merchants up to 4% in annual rewards when they hold PYUSD balances within the platform. This built-in incentive adds an investment dimension to the tool, enhancing business profitability. The launch also aligns with the expansion of PayPal World, a global partnership unifying the world’s top digital wallets. BTC's price trends to the upside on the daily chart following a re-test around critical support levels. Source: BTCUSD on Tradingview Crypto Momentum to Meet Real-World Utility The launch of “Pay with Crypto” marks another step in crypto’s mainstream adoption. With support for 100+ tokens and direct integration with leading wallets, PayPal is simplifying what has long been a complex and expensive process: cross-border payments. As global regulatory adopts crypto, PayPal’s initiative may serve as a blueprint for how fintech companies can drive innovation while supporting small and mid-sized enterprises in the digital economy. Related Reading: Largest Publicly-Listed BNB Treasury To Launch In The US With $500 Million Raise Whether it’s a shopper in Guatemala buying from a seller in Oklahoma or a global brand expanding reach, crypto payments via PayPal are set to reimagine global e-commerce. Cover image from ChatGPT, BTCUSD chart from Tradingview
PayPal has launched a new initiative, “Pay with Crypto,” aimed at streamlining global commerce and significantly reducing the cost of cross-border transactions, according to a July 28 statement. According to the company, the service offers merchants a 90% reduction in international transaction fees compared to traditional credit card processors. Pay with crypto This is made […]
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The new feature supports over 100 cryptocurrencies and major crypto wallets, aiming to simplify international commerce for U.S. merchants.
PayPal Holdings Inc. has rolled out a way for US merchants to accept crypto payments. The company set a flat fee of 0.99% per transaction. That’s a hefty cut compared with the near 2.99% merchants often pay on cross‑border credit card sales. Related Reading: Bitcoin’s New Clock: How Wall Street Killed The Old Cycle, According To Expert According to PayPal, businesses can save up to 90% on transaction costs when buyers pay with digital coins. Flat Fees For Crypto Payments Based on reports, every sale automatically converts crypto into fiat or stablecoins when the merchant chooses. Companies can pick from more than 100 tokens under its “Pay with Crypto” feature. Bitcoin and Ethereum lead the list. Other picks include USDT, XRP, BNB, Solana and PayPal’s own PYUSD. That stablecoin is backed by US dollar deposits, short‑term Treasuries and cash equivalents. Merchants who stick with PYUSD earn 4% rewards on balances held in their PayPal account. ????BREAKING: PayPal will allow U.S. merchants to accept over 100 cryptocurrencies with a 0.99% transaction fee for the first year, increasing to 1.5%. #CryptoPayments #Fintech — Michael Pace (@mjpgroup) July 28, 2025 Wide Range Of Wallets And Coins The American payments processing firm also tied this service into wallets beyond its own. Coinbase, MetaMask, OKX, Binance, Kraken, Phantom and Exodus all plug in. That opens the door to some 650 million crypto users around the globe. PayPal says it’s tapping into a $3 trillion market that has grown fast over the past decade. Smaller businesses in particular could find it easy to add crypto as a payment option without heavy engineering work. A Nod To Global Ambitions The launch follows PayPal’s introduction of PayPal World, a platform that links five digital wallets worldwide. PayPal then struck a deal with Fiserv to spread stablecoin use further abroad. Together, those moves hint at an effort to build plumbing for fast, low‑cost money transfers everywhere. Merchants in the US won’t see surprises at checkout. That 0.99% fee covers network charges and conversion work. By comparison, traditional cross‑border credit card sales often carry fees that climb past 3%. It’s easy math for sellers: a $1,000 sale in crypto costs $9.90 instead of about $30. That margin could be the difference between profit and loss. Related Reading: Memecoins, NFTs Get Called Out By Their Own Architect: ‘Zero Intrinsic Value’ Regulatory Approval Still Pending According to PayPal, the rollout will begin in the US “in the coming weeks.” One catch: New York merchants must wait on permission from the New York State Department of Financial Services. PayPal says it hasn’t secured that approval yet. Featured image from Getty Images, chart from TradingView
The Stellar Development Foundation also hired Jason Karsh, a former Block and Blockchain.com executive, as chief marketing officer.
The payments giant is integrating PYUSD, USDG and FIUSD into its network, expanding stablecoin payments and settlements for consumers and merchants.
The Fortune 500 fintech provider plans to roll out its digital asset platform with U.S. dollar stablecoin FIUSD to 10,000 institutions and 6 million merchants.
PayPal USD (PYUSD) plans to use Stellar for new payments and remittance use cases, as well as bringing PayFi options to millions of users and merchants.
At Consensus 2025, leaders from PayPal and MoneyGram pointed to regulation, real-world utility and trust as keys to stablecoin growth.
The SEC subpoenaed PayPal in late 2023 over its dollar-backed stablecoin.
The partnership is another sign of stablecoin issuers jockeying for market share as regulation in the U.S. is advancing.
Payment giant PayPal is rolling out a new rewards initiative that will allow US users holding its PYUSD stablecoin to earn up to 3.7% interest annually, according to an April 23 statement. The program will begin this summer and be available across both PayPal and Venmo platforms. PYUSD reward program PYUSD is a US dollar-backed […]
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The move is meant to increase adoption of PYUSD amid growing competition in the stablecoin market
The move expands PayPal and Venmo users’ access to major cryptocurrencies amid growing regulatory clarity in the U.S.
The fundraising was completed using PayPal's PYUSD stablecoin and was led by Paradigm.
The company aims to bring digital gift cards on-chain, turning them into a “programmable retail currency.”
Traditional financial giants Bank of America and PayPal are making bold moves in the stablecoin sector, signaling the rising institutional interest in the sector, which is worth over $200 billion. On Feb. 26, reports emerged that the Bank of America would introduce a stablecoin once the US regulatory landscape became apparent. At the same time, […]
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Phantom said the $150 million funding round accelerates Phantom’s mission to become the world’s biggest consumer finance platform.
MoonPay is reportedly looking to acquire Helio Pay for around $150 million, adding to the crypto firm’s merchant service offerings.
New US “crypto czar” David Sacks is very bullish on Solana and is among investors of SOL-related investment firm Multicoin Capital.
The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said.
Jesse Pollak, the creator of the Ethereum layer-2 network Base, expects the Coinbase Wallet feature to be available for users in 50 countries by the end of 2025.
By accepting crypto for taxes and other local municipal payments, Detroit would become the largest city in the United States to accept crypto for payments. The program is scheduled to start in the middle of 2025, according to Detroit’s local officials. The initiative would be expected to run on a secure platform managed by PayPal. […]
Detroiters will soon be able to pay their taxes and other city fees with crypto through PayPal, according to a Thursday announcement from Detroit’s Office of the Treasury.
Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades.
As part of the program, developers can apply for up to $60,000 in grant funding to support their projects.
In 2020, PayPal began allowing individual retail customers to buy, sell, and hold crypto directly from their PayPal and Venmo accounts.
On Wednesday, PayPal announced that it is enabling US merchants to buy, hold and sell cryptocurrency directly from their business accounts. This new functionality aims to increase the utility of digital currencies and make it easier for users and merchants to deal with crypto assets in their businesses. New Features Allow Easier Crypto Management Jose […]
Ethereum (ETH) is not the best solution for payments, according to PayPal’s Vice President of Blockchain, Crypto, and Digital Currencies (BCDC) unit, Jose Fernandez da Ponte. Ethereum Falls Short For Payment Purposes Speaking at the Solana Breakpoint 2024 conference, Ponte brought attention to Ethereum’s inability to handle a high volume of transactions as a key […]