PayPal to launch crypto hub as part of its foray into the market

PayPal’s Cryptocurrencies Hub transforms its platform with Bitcoin and crypto integration for users, following PYUSD unveiling.

The Cryptocurrencies Hub would reshape the platform’s capabilities and usability.

This followed the unveiling of PayPal’s dollar-backed stablecoin PYUSD.

PayPal has introduced its Cryptocurrencies Hub feature to a select group of users, marking a significant move in the payments giant’s endeavor to establish itself as a crypto-friendly platform. This offering will enable users to engage with cryptocurrencies, including Bitcoin, within their PayPal accounts, redefining the platform’s capabilities.#dyor