PayPal has launched its new Pay with Crypto solution, designed to significantly reduce cross-border transaction costs by up to 90% while enabling seamless payments for global merchants through digital assets. The offering connects cryptocurrencies, digital wallets, and merchants in a unified platform that facilitates instant crypto-to-fiat or stablecoin (PYUSD) conversions.
Cross-border payments have long been burdened by high fees and complex banking systems. Pay with Crypto aims to resolve these inefficiencies by allowing businesses to accept crypto payments, receive near-instant proceeds, and store funds in PayPal’s PYUSD stablecoin—earning up to 4% returns. PYUSD, issued by Paxos Trust Company, is fully backed by U.S. dollar reserves, treasuries, and is regulated by the New York State Department of Financial Services.
The solution supports over 100 cryptocurrencies and wallets, including Coinbase and MetaMask, unlocking new revenue streams for merchants and offering consumers broader payment flexibility. It also aligns with PayPal’s broader rollout of PayPal World, a unified platform integrating five digital wallets, AI-powered payment agents, and global shopping access.
With this launch, PayPal reinforces its commitment to digital currency adoption, streamlining international payments for businesses of all sizes and fueling the next wave of global e-commerce growth.
