PayPal Just Supercharged U.S. Commerce With Crypto Payments—Legacy Finance Shaking?
Boom—PayPal drops the mic. U.S. merchants can now tap into crypto’s $1.6T+ market directly, no intermediaries. Finally, digital assets meet Main Street.
The Breakdown:
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No more conversion headaches:
Customers pay in crypto, merchants receive fiat. PayPal eats the volatility risk (for a fee, obviously—this is finance, not charity).
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Crypto’s Trojan Horse:
With 435M+ active accounts, PayPal’s move could onboard more normies than a bull market meme rally.
The Catch:
Transaction speeds still lag Lightning Network, and fees? Let’s just say ‘old banking habits die hard.’ But hey—progress beats perfection when you’re dismantling the legacy system one checkout at a time.
Bottom line:
The suits finally figured out what crypto natives knew in 2013. Next stop: merchants realizing they’ve been paying 2.9% card fees for fun.
PayPal has launched a new feature allowing U.S. merchants to accept cryptocurrency payments, including Bitcoin, directly at checkout. This update makes it easier for customers to use digital assets to pay for goods and services. By integrating crypto support, PayPal is broadening payment options and helping businesses tap into the growing crypto user base, simplifying digital currency use for everyday purchases. This move marks a key step toward mainstream crypto adoption.