Coinbase Insights: PayPal’s ’Pay with Crypto’ Disrupts Cross-Border Payments with 90% Fee Reduction

PayPal has launched its innovative 'Pay with Crypto' service, dramatically reducing international transaction fees by 90%. This move leverages cryptocurrencies like Bitcoin (BTC) and ethereum (ETH), converting them instantly into fiat or PayPal's stablecoin, PYUSD, to facilitate seamless global commerce. The service supports over 1 million merchants, marking a significant step toward mainstream crypto adoption. As of July 2025, this development underscores the growing intersection of traditional finance and digital assets, with potential implications for platforms like Coinbase as the ecosystem evolves.

PayPal Launches 'Pay with Crypto' Service, Cutting International Fees by 90%

PayPal has unveiled a groundbreaking initiative called 'Pay with Crypto,' designed to revolutionize global commerce by slashing cross-border transaction costs. The service reduces international fees by 90% compared to traditional credit card processors, leveraging instant conversions from cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) into fiat or PayPal's stablecoin, PYUSD.

The platform supports over 100 digital assets and integrates with major wallets such as Coinbase and MetaMask. This move potentially grants merchants access to more than 650 million crypto users worldwide, tapping into the burgeoning digital asset economy.

Alex Chriss, PayPal's CEO, highlighted the transformative potential: 'A Guatemalan shopper buying from an Oklahoma merchant can now use crypto, benefiting from near-instant settlements, lower fees, and yield opportunities on PYUSD balances.' The service unifies fiat and crypto payments in a single interface, offering flexibility for consumers and cost efficiency for businesses.

Zora's 'Content Coin' Surge Sparks Renewed Interest Amid 227% Weekly Rally

Zora's protocol has surged back into prominence with its native token ZORA skyrocketing 227% this week, accompanied by a record 40,000 tokens created in a single day. The resurgence follows April's lukewarm reception of its token-generation event, where initial enthusiasm faded as daily token creations plummeted from 20,000 to under 5,000.

The platform, often likened to a tokenized Instagram or social version of pump.fun, allows influencers to monetize content through ERC-20 tokens. Creators receive 1% of a 1 billion token supply per post, earning fees in ZORA when users speculate on viral potential via built-in Uniswap mechanics. Base App, Coinbase's rebranded wallet, now drives 15-50% of token creation activity.

This revival coincides with ZORA's mobile app climbing iOS App Store rankings, suggesting retail interest is fueling the momentum. The protocol's hybrid model—blending social engagement with speculative trading—faces scrutiny as critics question whether the current surge represents sustainable adoption or another ephemeral crypto trend.