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PayPal to integrate Bitcoin into latest P2P payments
Fintech giant PayPal announced on Sep. 15 that it is soon going to integrate cryptocurrency into its new peer-to-peer (P2P) payment flow in the app. Bitcoin and Ethereum integration: As per the latest integration, PayPal's U.S. users will now be able to easily send Bitcoin, Ethereum, PYUSD, and more crypto assets to their friends over the app. PYUSD is a stablecoin pegged 1:1 to the U.S. dollar that PayPal launched in August 2023. As per DeFiLlama, it has a market cap of $1.34 billion and accounts for only 0.46% of the total stablecoin market worth $289.39 billion. PayPal also introduced PayPal links, a new way to ... (full story)
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