PayPal has officially rolled out its revolutionary “Pay with Crypto” service, allowing US merchants to accept payments in more than 100 cryptocurrencies including itcoin">Bitcoin, Ethereum, Solana, and major stablecoins like USDT and USDC. The service charges a competitive 0.99% transaction fee through July 2026, significantly below traditional international payment processing costs, and offers instant conversion to fiat currencies or stablecoins. This groundbreaking initiative positions PayPal at the forefront of mainstream cryptocurrency adoption, targeting the growing market of digital asset users estimated at over 650 million worldwide.
The new payment solution integrates seamlessly with major cryptocurrency platforms and wallets including Binance, oinbase">Coinbase, Kraken, MetaMask, Phantom, and Exodus, providing merchants with unprecedented access to the global crypto ecosystem. PayPal’s initiative aims to eliminate barriers in cross-border commerce by reducing transaction fees by up to 90% compared to traditional international payment methods, while enabling near-instant settlement of transactions. This represents a significant cost reduction for merchants who have historically faced substantial fees when processing international payments through conventional banking systems.
The launch comes at a strategic time as businesses worldwide lose billions annually in cross-border fees while navigating complex traditional banking infrastructure. PayPal’s service extends beyond mainstream cryptocurrencies to include newer tokens, demonstrating the platform’s commitment to comprehensive digital asset support. The California-based company emphasizes that the service will simplify cross-border commerce and increase merchant profit margins by streamlining the international payment process. By offering such extensive cryptocurrency support with competitive pricing, PayPal is positioning itself as a crucial bridge between traditional commerce and the rapidly evolving digital asset economy.
The Pay with Crypto service will be available to US merchants in the coming weeks, with PayPal also announcing related initiatives including its global PayPal World platform and partnerships with companies like Fiserv to expand stablecoin usage globally. This comprehensive approach signals PayPal’s long-term commitment to cryptocurrency integration and its vision of transforming global commerce through digital asset adoption. The service represents a pivotal moment in cryptocurrency mainstream acceptance, potentially accelerating adoption across retail and institutional sectors while demonstrating how traditional financial services can successfully integrate with emerging blockchain technologies.
