X @BSCN

Cryptocurrency Payment Initiative - PayPal enables U S merchants to accept cryptocurrency payments via "Pay with Crypto" service, supporting over 100 cryptocurrencies and connecting with wallets like Coinbase and MetaMask [1] - The service aims to simplify cross-border commerce by reducing transaction fees by up to 90% [2] - "Pay with Crypto" is set to cover 90% of the $3+ trillion crypto market cap [3] Service Features - The feature provides near-instant settlement and expands merchant revenue opportunities by tapping into a global market of over 650 million crypto users [2] - The service converts crypto payments instantly into stablecoins or fiat, helping merchants avoid volatility [2] - PayPal USD (PYUSD) offers a 4% reward rate when held on the platform [2] Strategic Impact - PayPal's initiative follows their launch of PayPal World, uniting five major digital wallets on a single platform [5] - The solution supports wallets such as OKX, Binance, Kraken, Phantom, and Exodus, expanding its reach and usability [4] - PayPal aims to remove barriers and help every business achieve their goals in global growth [4]