PayPal May Enable Businesses to Accept Bitcoin and 99 Other Cryptocurrencies on Its Platform
Main Idea
PayPal now enables businesses to accept 100 cryptocurrencies, including Bitcoin and Ethereum, integrating with wallets like Coinbase and MetaMask to streamline global payments and reduce barriers for international growth.
Key Points
1. PayPal's new feature allows businesses to accept 100 cryptocurrencies, including Bitcoin, Ethereum, and Solana.
2. The service integrates with popular wallets such as Coinbase, Kraken, and MetaMask for accessibility and convenience.
3. PayPal CEO Alex Chriss highlights the goal of removing barriers for businesses to grow internationally through crypto payments.
4. Businesses can convert crypto payments to fiat currency instantly via PayPal's Pay with Crypto service.
5. This expansion aims to enhance crypto adoption by providing flexible, secure, and efficient payment options for businesses of all sizes.
Description
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