📢 The press service of the PayPal payment service announced the launch of cryptocurrency payments for businesses in the United States.
🪙 The Pay with Crypto function will support more than 100 tokens. Clients will be able to use crypto wallets linked to the platform for payment. PayPal will automatically convert digital assets into fiat via the PYUSD stablecoin, and the seller will receive payment in US dollars.
💸 The company emphasized that the main advantage of the service is the reduction in the cost of cross-border transactions by up to 90% compared to classic bank transfers and card payments.
📈 The company is moving forward in the crypto space. And it is embracing new opportunities for the introduction of cryptocurrencies into everyday life.
