PayPal reveals “Crypto salaries”, and it cuts the scores by 90 % star-news.press/wp

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Paypal launched “Pay with Crypto”, enabling international merchants to accept more than 100 encrypted currencies. Its shares have risen as the platform targeted billions lost in the cross -border fees annually.

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In a bold step indicating deepening its commitment to the encryption economy, PayPal revealed a new feature called “Pay with Crypto”.

It aims to revolutionize how global merchants accept digital payments, the service enables companies to receive payments through more than 100 encrypted currencies and digital portfolios, including major platforms such as Coinbase, Kaken and Metamask.

How will you benefit users?

The advantage allows users to convert their encryption assets to Stablecoins and Fiat currencies, with the aim of simplifying the exit process and reducing the complexity of both consumers and merchants.

According to PayPal, the new offer deals with a long -term issue of high -border transactions costs and incompetence of traditional banking systems.

In its official statementThe company highlighted that companies are losing billions of dollars annually to move in the old systems of international payments.

With “Payment using Crypto”, PayPal aims to eliminate these bottlenecks by connecting a wide network of cryptocurrencies, digital portfolios and merchants while lowering transaction fees by up to 90 %.

Alex Chris, president and CEO of PayPal, said in a statement,

“Companies of all sizes face incredible pressure when growing worldwide, from increasing the costs of accepting international payments to complex integration operations. Today, we remove these barriers and help all of every size to achieve their goals.”

Paypal Defi steps and market trends

It should be noted that Paypal steadily enhances its commitment to decentralized financing over the years, even with the launch of Stablecoin, Pyusd, in 2023.

Now, with the “Payment with Crypto” feature that allows support for portfolio connections when going out, and enabling Pyusd from coding transfers to smooth light, Paypal created an effective semi -fixed settlement system that benefits both consumers and traders.

This step seems to have also strengthened the investor confidence with PayPal shares climbing To $ 78.22 and its market ceiling Access 936.6 million dollars after the announcement.

While the broader encryption market decreased slightly, with Bitcoin commerce A decrease of 0.31 % at 118,637.05 dollars, the entry of bold PayPal indicates the cross -border encryption payments to increased institutional confidence in Blockchain powered solutions.

Although the maximum Pyusd market has recently decreased amid a shift in Stablecoin demand, it previously witnessed a strong momentum thanks to the attractive revenues on Solana and optimism in the wider market.

Therefore, with the maturity of the ecosystem, PayPal innovation may be very good on how to adopt the old financing of the next wave of digital currency.