Global commerce has always been messy. Businesses lose billions just trying to send and receive money across borders. Traditional banking rails are clunky, slow, and expensive. Now, PayPal is stepping in to change that big time.

What Is Pay with Crypto?

PayPal just launched Pay with Crypto, a solution aimed at helping businesses accept payments in over 100 cryptocurrencies, including Bitcoin, Ethereum, Solana, XRP, and stablecoins like USDT and USDC. This isn’t just some token gesture toward digital assets—it’s a full-blown infrastructure shift. The system plugs directly into wallets like Coinbase, MetaMask, Binance, Phantom, and Exodus, letting merchants tap into a global market of over 650 million crypto users.

Why It Matters?

Let’s break it down:

• Transaction fees? Slashed. Pay with Crypto charges just 0.99%—that’s a 90% reduction compared to traditional international credit card processing.
• Speed? Instant. Settlements are nearly real-time, meaning merchants get access to funds faster.
• Flexibility? Built-in. Merchants can accept crypto and get paid out in either fiat or stablecoins like PYUSD, PayPal’s own stablecoin.

This kind of setup levels the playing field for small businesses trying to operate globally. You could be a boutique in Oklahoma City and sell to a customer in Guatemala—no banks, no middlemen, no currency headaches. Just click, send, done.

Growing the PYUSD Ecosystem

PayPal’s stablecoin PYUSD is quietly becoming a powerful player. Beyond just enabling crypto payments, merchants can earn 4% APY by holding PYUSD on PayPal. It’s also the backbone for low-cost payouts to freelancers, suppliers, and partners.

And it’s not just PayPal alone—Fiserv is now on board to expand stablecoin usage globally. That partnership could bring PYUSD into more traditional payment workflows and enterprise systems.

Months ago, the SEC quietly closed its investigation into PayPal USD (PYUSD), effectively giving the stablecoin a green light. This wasn’t just a regulatory win for PayPal—it was a milestone moment for the entire stablecoin ecosystem. With no further action taken, PYUSD now stands as one of the few stablecoins backed by a major fintech player and aligned with U.S. regulatory expectations. It sets a precedent that could open the door for more banks and payment platforms to explore compliant digital dollar offerings.

A Bigger Vision: PayPal World

The launch of PayPal World is another piece of this strategy. It brings together five of the world’s largest digital wallets on a single platform. Combined with crypto payment capabilities, PayPal is building what CEO Alex Chriss calls “inclusive, borderless commerce.”

He’s not exaggerating. With coverage of 90% of the $3 trillion crypto market cap, and integrations across major wallet providers, this isn’t some beta experiment—it’s the infrastructure for a new kind of global economy.

So What Comes Next?

For now, Pay with Crypto rolls out to U.S. merchants in the coming weeks, but the writing’s on the wall. This isn’t just about PayPal jumping on the crypto bandwagon—it’s about rewriting how digital money moves across borders, how businesses grow, and how people get paid. In short, PayPal is not just supporting crypto. It’s putting it to work.

$PYUSD, $PayPal, $PayWithCrypto