PayPal has transformed its peer-to-peer payment system to embrace cryptocurrency. Users can now send Bitcoin, Ethereum, and the platform's own PYUSD stablecoin to external wallets and contacts. This groundbreaking move introduces "PayPal Links," a feature enabling shareable, one-time payment channels.
The service launches first across United States markets, with plans to expand into the United Kingdom and Italy later this year. This development marks a significant advancement in digital currency adoption, bringing crypto transactions into everyday financial activities.
By integrating stablecoin capabilities and enhancing cross-border payment options, PayPal positions itself at the forefront of the evolving payment landscape. This innovation demonstrates the growing acceptance of digital assets in mainstream finance, offering users new flexibility in managing and transferring value across global networks.
