RT Token Terminal 📊 (@tokenterminal)💵🤗 @PayPal is currently the fastest growing stablecoin issuer, based on 7d growth rate in outstanding supply. https://t.co/O650gIbzeq ...

💵🤗 @PayPal is currently the fastest growing stablecoin issuer, based on 7d growth rate in outstanding supply. https://t.co/O650gIbzeq ...

Key Takeaways PYPL introduces PayPal links for simple money transfers across conversations.U.S. users can soon send crypto like Bitcoin and PYUSD via PayPal and Venmo.Friends-and-family transfers remain exempt from 1099-K reporting on PayPal platforms.PayPal Holdings (PYPL) recently unveiled a new feature called PayPal links, which allows users to send and receive money through a personalized, one-time link that can be shared in any conversation. This feature aims to drive new customer acquisition and bring ...

Group 1 - PayPal has launched a new payment service allowing users to create personalized one-time payment links for sharing in any conversation context [1] - The service is currently available for users in the United States and is set to expand internationally in late September, with initial coverage in countries like the UK and Italy [1] - PayPal plans to enhance the P2P payment experience by integrating cryptocurrency directly into its new P2P payment process [1] Group 2 - The new service will enable U.S. users to transfer cryptocurrencies such as Bitcoin, Ethereum, and PayPal's stablecoin directly to PayPal, Venmo, and other digital wallets that support cryptocurrencies and stablecoins globally [1]

PayPal to expand P2P crypto payments with new Links feature https://t.co/DJCWiI8gie ...

Core Insights - PayPal has launched a new peer-to-peer payment service called PayPal links, allowing users to send and receive funds via personalized, one-time links that can be shared in various communication channels [2][3][4] Company Developments - The new service enables users to create unique links after entering payment details in the PayPal app, which can be shared through texts, emails, or chat [3][4] - Each link is designed for one-time use and expires after 10 days if unclaimed, with funds being immediately accessible [4] - The service is currently available for PayPal users in the U.S., with plans for expansion into the U.K., Italy, and other markets [4] Industry Trends - Peer-to-peer payment platforms are increasingly popular, especially among younger consumers who favor quick and seamless transactions [5][6] - Research indicates that 53% of consumers aged 18-25 and 50% of those aged 26-41 use P2P apps more frequently due to economic pressures like inflation, contributing to a 27% growth in platforms like Zelle [6] - The rise of P2P payments has led to the emergence of the super app trend, with companies integrating these payment services into their offerings, as 70% of consumers, particularly higher-income individuals, show interest in using super apps [7]

Key Takeaways PayPal users can buy, sell, transfer and hold multiple cryptocurrencies directly on its platform.PYUSD stablecoin is now live on Ethereum, Solana, Arbitrum Layer-2, and Stellar for faster transactions."Pay with Crypto" lets U.S. merchants accept 100 cryptocurrencies with instant conversion to fiat or PYUSD.PayPal Holdings (PYPL) has established itself as a leader in digital payments. It has been enhancing its platform with a robust suite of crypto offerings built directly into the PayPal app a ...

Core Insights - PayPal is launching a new feature called PayPal Links for peer-to-peer payments, which allows users to send money through personalized, one-time links, enhancing the existing PayPal Me feature [1][2] - The new PayPal Links enable users to request or make payments by selecting the link option and inputting the amount, streamlining the payment process and reducing the steps involved [2][4] - PayPal Links will support cryptocurrency transactions in the U.S., allowing users to send Bitcoin, Ethereum, and other digital currencies to various wallets, with plans for expansion to other markets [3] Group 1 - PayPal Links are designed for one-time payments and requests, making it easier for users to transact without needing to verify account information [2][4] - Users can create a PayPal Link by entering payment details in the app, generating a unique link that is private and transaction-specific [4][7] - Unclaimed PayPal Links will expire after 10 days, but users can send reminders or cancel the links if necessary [4] Group 2 - The recipient can complete the payment request by tapping the link in the PayPal app, with funds transferred instantly [7] - Personal payments made through PayPal remain exempt from 1099-K reporting requirements, which may appeal to users concerned about tax implications [7]

Payments firm PayPal (PYPL) said it is expanding its peer-to-peer service by adding cryptocurrency transfers to its payment flow, the company announced on Monday. Users in the U.S. will soon be able to send bitcoin (BTC), ether (ETH), PayPal's dollar stablecoin PYUSD and other digital assets across PayPal, Venmo and an increasing number of crypto-compatible wallets worldwide, the firm said in a Monday press release. The integration arrives alongside "PayPal links," a new tool that lets users generate a o ...

🚨JUST IN: @PAYPAL INTRODUCES NEXT-GENERATION PEER-TO-PEER PAYMENTS, INCLUDING $BTC AND $ETH ...