According to the latest report from Fortune magazine, global fintech giant PayPal officially announced on Monday that it will launch a brand new payment feature. This feature groundbreakingly allows small and medium-sized merchants in the United States to accept over 100 types of digital assets as payment methods in their business scenarios.
Among these more than 100 digital assets are mainstream cryptocurrencies like Bitcoin and Ethereum, which have wide influence and high liquidity globally, as well as some noteworthy niche digital assets, such as the Trump commemorative coin (TRUMP) related to former U.S. President Donald Trump, and even the humorously named FARTCOIN. A spokesperson for PayPal made it clear in a statement that the coverage of this new feature is quite extensive; all U.S. merchants using the PayPal online payment processing platform will be able to independently choose to enable this digital asset payment feature without needing to meet additional special thresholds. This undoubtedly provides new possibilities for small and medium-sized merchants to expand their payment channels and attract consumers who prefer digital assets.