PayPal Just Supercharged Crypto Adoption: ’Pay with Crypto’ Now Supports 100+ Digital Assets

PayPal drops a bombshell on traditional finance—again. The payments giant just flipped the switch on its 'Pay with Crypto' feature, now supporting a staggering 100+ cryptocurrencies. No more swapping to fiat before checkout—this is direct spend territory.

The mainstream gateway widens

From Bitcoin to Dogecoin, PayPal's move effectively turns 400M+ user accounts into potential crypto wallets overnight. Merchants won't even know you're paying with digital assets—the system auto-converts to local currency (minus PayPal's cut, naturally).

Wall Street's worst nightmare?

While banks still debate 'blockchain not Bitcoin,' PayPal's playing chess. Every coffee bought with crypto through their platform is another nail in the coffin of 'digital gold' purists—and another commission for the fintech middleman. Classic.

The revolution will be monetized.

Which cryptocurrencies does “Pay with Crypto” support?

PayPal plans to connect merchants to the near $4 trillion crypto market, and will support more than 100 cryptocurrencies, including Bitcoin (BTC), ethereum (ETH), and Solana (SOL).

Merchants will also accept payments in leading stablecoins such as Tether (USDT) and USDC (USDC).

“Businesses of all sizes face incredible pressure when growing globally, from increased costs for accepting international payments to complex integrations. Today, we’re removing these barriers and helping every business of every size achieve their goals,” said Alex Chriss, president and chief executive officer at PayPal. 

Integration with Coinbase, MetaMask

Pay with Crypto will support major crypto platforms, including Coinbase, OKX, Binance, and Kraken.

The solution also connects to leading wallets such as Phantom, MetaMask, and Exodus. Merchants signing up to the feature will have the opportunity not just to attract the more than 650 million cryptocurrency users, but also to expand their potential revenue margins.

“Imagine a shopper in Guatemala buying a special gift from a merchant in Oklahoma City. Using PayPal’s open platform, the business can accept crypto for payments, increase their profit margins, pay lower transaction fees, get near instant access to proceeds, and grow funds stored as PYUSD at 4% when held on PayPal,” Chriss added.

PayPal’s solution adds to the growing traction for cryptocurrencies, particularly stablecoins. The company recently revealed a collaboration with payments platform Fiserv to bring stablecoin payments to the global business community.

Another major partnership saw PayPal teaming up with Venmo and other digital wallets to launch PayPal Word. The initiative looks to go beyond simplifying payments, with a focus on merchant growth, cost reduction, and expansion of the payment options available to consumers.