🚀 PayPal is expanding cryptocurrency options for businesses in the US!
- PayPal business accounts in the US can now buy, store, and sell cryptocurrency directly through the platform.
- The service is not yet available for businesses in New York.
- PayPal and Venmo have already been providing such services for consumers since 2020.
💡 PayPal also launched its stablecoin, PayPal USD (PYUSD), on the Ethereum and Solana blockchains. PYUSD transaction volume has grown to $500 million per week!
What do you think about this move by PayPal? Share your thoughts in the comments!