PayPal(US:PYPL) 智通财经网·2025-07-28 14:02Core Insights - PayPal is set to allow businesses to accept over 100 types of cryptocurrencies at checkout, aiming to enhance cross-border transaction efficiency and reduce fees significantly [1][2] - The new feature, "Pay with Crypto," will enable instant settlement with a fee of only 0.99%, contrasting sharply with traditional international card networks that charge 4%-10% [1][2] - PayPal's stablecoin, PYUSD, will facilitate automatic conversion of cryptocurrency payments into fiat currency or PYUSD, providing businesses with an opportunity to earn approximately 4% on their balances [1][2] Company Strategy - PayPal aims to tap into the growing cryptocurrency market, which has 650 million users and a market size of $3 trillion, by providing small businesses access to this customer base [1] - The company is actively working on integrating digital assets and blockchain technology into its payment platform, indicating a long-term commitment to the cryptocurrency sector [3] - PayPal's strategy includes addressing the pain points of high cross-border fees, slow transaction times, and fragmented payment channels, thereby significantly reducing transaction costs and improving efficiency [1][2] Industry Context - The rise of stablecoins, which are pegged to assets like the US dollar, is becoming mainstream in global financial markets, especially as regulatory frameworks are being developed in the US [2] - Stablecoins are seen as a new payment medium that combines the stability of fiat currencies with the efficiency of blockchain technology, presenting significant commercial potential [2] - The current high-interest rate environment is benefiting stablecoin issuers, allowing them to earn substantial profits akin to banking-level returns [2]