PayPal has introduced a new feature on July 28, 2025, allowing U.S. merchants to accept payments in over 100 cryptocurrencies, including Bitcoin and Ethereum. This new service uses blockchain technology to lower international transaction fees by up to 90% and provides instant settlements in either traditional currency or PayPal's stablecoin, PYUSD.

Merchants will pay a promotional flat fee of 0.99% for the first year. The system also supports integration with popular crypto wallets.