PayPal Expands Into Crypto P2P — Bitcoin, Ethereum & PYUSD Go Mainstream
Global payments leader PayPal (400M+ users) just took a decisive step toward mass adoption: launching direct crypto transfers in its peer-to-peer payments.
What’s New:
Users can now send $BTC , ETH, PYUSD and more via PayPal & Venmo — including to external wallets.
The rollout begins in the US, with UK, Italy, and global markets next.
PayPal Links enable frictionless sharing across apps like text, email, and chat.
Why It Matters:
Utility unlocked: Crypto is moving beyond speculation into real-world payments.
PYUSD growth: PayPal’s stablecoin already hit a $1.3B market cap, cementing itself as a serious stablecoin player.
No tax headache: Friends & family transfers via PayPal/Venmo remain exempt from 1099-K reporting.
Bigger Picture:
This aligns crypto with its original promise — peer-to-peer money movement without borders.
Stablecoins are reshaping remittances, cutting costs by up to 92%. PayPal’s move positions it as a gateway to global Web3 payments.
Investment Outlook:
Growing crypto utility = bullish demand for BTC, $ETH , and stablecoins.
PayPal’s 400M+ users represent a massive funnel for adoption.
Expect long-term growth in projects tied to payments, stablecoins, and real-world use cases.
PayPal just signaled it: Crypto payments are going mainstream — and early movers stand to gain.