PayPal Launches ‘Pay With Crypto’: A New Era for Global Payments Begins

Key Insights

• PayPal launches 'Pay with Crypto,' a significant step toward crypto integration.

• The pay with crypto service is now live in the United States except New York, with a global rollout planned for later this year.

In a significant development, PayPal has launched Pay With Crypto, a new feature that allows U.S.-based merchants to accept payments in over 100 cryptocurrencies. The move marks a crucial leap forward in the practical application of crypto in our daily lives. With Pay with crypto, it's now possible to engage in cross-border transactions through crypto.

Source: CoinMarketCap

The launch of Pay with crypto marks PayPal's most aggressive push yet into digital assets. It follows the rising adoption of its stablecoin, PYUSD, whose market cap has surged nearly 80% to $936 million in 2025. With the PYUSD closing a billion market, it indicates growing adoption and widespread use of the stablecoin.

PayPal Launches Pay with Crypto?

"Pay With Crypto" is a payment tool in PayPal's existing merchant platform. Through the features, traders or customers can use major crypto coins such as Bitcoin [BTC], Ethereum [ETH], Solana [SOL], Ripple [XRP], USD Coin [USDC], and Tether [USDT], etc.

As per the feature, PayPal will automatically convert the selected cryptocurrency into either fiat currency or PayPal's stablecoin, USD (PayPal's stablecoin). With the conversion into stablecoins to ensure customers can avoid volatility associated with other tokens and also receive significant benefits from lower fees and faster settlements. According to the official report, every transaction will cost 0.99% which is at least 90% lower than other methods, such as credit card fees.

Undoubtedly, this is a potential game-changer for small and medium-sized businesses (SMBs). Equally, it will help low-income individuals seeking to send money to their families abroad.

Why This Matters for Merchants and Crypto Adoption

In the modern globalised trade, cross-border transactions have become a normal part of daily operations. Therefore, individuals and businesses that conduct cross-border sales often face high fees, chargebacks, and settlement delays. With "Pay With Crypto", they can now accept international payments instantly and reach crypto-native customers without paying any extra fees.

As PayPal's CEO, Alex Chriss, emphasised, global sellers face incredible pressure when growing internationally, and this new tool removes barriers that hinder small businesses from expanding globally.

Seamless Wallet Integration

In line with the crypto's earlier vision, PayPal will offer maximum accessibility. The feature integrates leading crypto wallets with exchanges, including Coinbase Wallet, MetaMask, Kraken, Binance, OKX, Phantom, and Exodus. This ensures that individuals can easily choose their preferred crypto wallet and exchange without difficulty.

This shows that PayPal's pay with crypto is not only about accepting Bitcoin or stablecoins, but it's a significant transformative move towards digital assets.

Other fintech giants like Stripe and Coinbase are also racing to streamline crypto payments:

Regulatory Support for PayPal Growth

Over the past 8 months, since the election of Donald Trump, crypto adoption by big businesses has skyrocketed. This adoption has followed the passing of Crypto regulations in the United States. Therefore, PayPal's aggressive expansion into crypto payments also follows the recent passage of the GENIUS Act, which provides a clear regulatory framework for stablecoin operations in the U.S, as earlier reported by EMCryptohub.

This legal clarity has encouraged major institutions to invest in and launch crypto-based services, with stablecoins emerging as the key bridge between traditional finance and digital assets.

What's Next for PayPal?"

As of this writing, "Pay With Crypto" was only available to U.S. traders, excluding those in New York, but a global rollout is planned. Given the rising demand for crypto transactions in Africa, Asia, and Latin America, global adoption could come sooner than expected. PayPal's increasing integration with Coinbase and the expansion of PYUSD suggest that PayPal is evolving beyond a payments platform and is becoming a full-fledged crypto fintech. In the near future, PayPal could fully integrate crypto into its payments system or even something bigger. Therefore, this move could be a testing ground for the feasibility of its operations with Crypto. If they deem it successful, PayPal will go all in with crypto.

Path Ahead

In conclusion, PayPal's "Pay With Crypto" represents a critical step in the mainstream adoption of cryptocurrencies. Through the feature, PayPal will address challenges in traditional finance, such as Fees and volatility in crypto, simultaneously.

By doing so, PayPal is demonstrating to the world how crypto can be more than just an investment. This is because most crypto enthusiasts and experts view crypto as a global currency for everyday commerce.

Whether you're a business owner, developer, or investor, this is the time to embrace the changing world of digital assets and welcome crypto growth. The earlier, the better, because crypto growth seems unstoppable.

Therefore, in the growing world of digital assets, PayPal is just one of those accepting crypto, and even more will come in the near future.