Venmo-ing crypto is already here — the latest development in PayPal's nearly one-year-old service enabling on-chain transfers. Why it matters: It's an incremental advance in the payment giant's vision of a more cashless future, one that includes solving what it sees as some of the roadblocks keeping crypto from playing a more significant role in payments. What they're saying: "We want to cement the position of PayPal as this conduit between the fiat and web3 world in an integrated way," Jose Fernandez da Ponte, head of PayPal's blockchain team, told Axios. Unlike crypto, PayPal's issue is not of scale. Rather, da ... (full story)