PayPal “Pay with Crypto” is launched with support for more than 100 encrypted currencies star-news.press/wp

Paypal brings its salaries with the coded currency width of the merchants, with the Fintech Giant feature with initial support for more than 100 encrypted currencies.

in advertisementPaypal said that “payment with Crypto” aims to achieve prevailing encryption payments and transforming cross -border trade for merchants.

The platform, which runs live for us, will work on merchants first in the coming weeks, a settlement close to the fixed transactions, with users who take advantage of the offer to provide up to 90 % of the fees. Paypal will allow traders to take advantage of the immediate conversion of encryption to Stablecoin or FIAT.

What cryptocurrencies supported by “payment using encryption”?

Paypal plans to connect traders to a 4 trillion dollar encryption market, and will support more than 100 encrypted currencies, including Bitcoin (BTC), ETHEREUM (ETH) and Solana (Sol).

Traders will also accept the payments in the leadership of Stablecoins such as Tether (USDT) and USDC (USDC).

“Companies of all sizes face incredible pressure when growing globally, from increasing costs to accept international complex integration payments. Today, we remove these barriers and help all of every size to achieve their goals,” said Alex Chris, President and CEO of PayPal.

Integration with Coinbase, Metamask

You will support the payment using Crypto Main encryption platforms, including Coinbase, OKX, Binance and KAKEN.

The solution also connects to a driving governor such as Phantom, Metamask and Exodus. Traders who share this feature will have the opportunity not only to attract more than 650 million cryptocurrencies, but also to expand their potential revenue margins.

“Imagine one of the shoppers in Guatemala as he buys a special gift from a dealer in Oklahoma City. Using an open Paypal platform, the company can accept encryption for payments, increase its profit margins, pay low transaction fees, approach immediate access to returns, and develop funds stored as Pyusd by 4 % when they are held on PayPal.”

PayPal solution adds to the growing traction of encrypted currencies, especially Stablecoins. The company recently revealed cooperation with the Fiserv payment platform to bring Stablecoin payments to the global business community.

Another major partnership in PayPal has seen Venmo and another digital portfolio to launch Word PayPal. The initiative is looking to simplify the payments, focusing on the growth of merchants, reducing costs, and expanding the payment options available to consumers.