The payments giant has just unveiled a new feature allowing American traders to accept payments in more than 100 cryptocurrencies, including Bitcoin, Ethereum, Solana, as well as the main stablecoins like USDT and USDC.
In short
- Paypal now allows American merchants to accept payments in more than 100 cryptocurrencies, automatically converting them into Pyusd or Fiat.
- The company takes a commission of 0.99 %, much lower than the usual costs of processing credit cards, and aims to simplify international transactions.
- This initiative strengthens Paypal's stablecoin strategy, following the regulatory clarity brought by the Genius Act and the growing competition of Stripe and Coinbase.
New PayPal feature
This new tool automatically converts payments into crypto either to Fiat currency or to Pyusd, the Stablecoin Maison de Paypal. It thus helps traders to avoid volatility, while offering them faster and less expensive cross -border transactions. PayPal specifies that its crypto transaction costs, set at 0.99 %, are up to 90 %lower than the typical credit cards costs, which generally start at 1.75 %.
For the moment, the functionality is reserved for traders based in the United States (except New York State), and fits into the main wallets such as Coinbase Wallet, Metamask, Kraken, Binance or Phantom. The company particularly highlights the potential of this novelty to facilitate the world trade in small and medium -sized enterprises thanks to simplified crypto payments.
The Stablecoin strategy is bearing fruit
This initiative is part of the Pyusd growth dynamic, the Stablecoin backed by the Paypal dollar. Since the start of 2025, its market capitalization has jumped almost 80 %, from 497 to 894 million dollars. By systematically converting crypto payments into Pyusd or Fiat, Paypal strengthens the central role of its stablecoin as a gateway between digital assets and traditional finance.
This announcement comes shortly after the adoption of the Genius Act, which provides legal clarity to the Stablecoins market in the United States. Actors like Paypal, Stripe or Coinbase take advantage of this regulatory impulse to build new payment rails based on the crypto.
A growing race for crypto payments
Stripe, a competitor of weight, launched its own stable -coin payment solution last year, adopted in 70 countries from its launch. In June 2025, the company strengthened its crypto anchoring with an integration in Coinbase, adding the support of the base network and allowing Fiat-Vers-Crypto flows directly from the Stripe interface.
For its part, Coinbase has been active on the merchant segment since 2018 with Coinbase Commerce. In 2024, the platform launched the X402 protocol, a native crypto payment system designed for APIs and AI agents, automating crypto-to-crypto payments via USDC on the basis.
The Fintech sector accelerates the construction of an infrastructure adapted to a trade without borders, fluid and interconnected. With this new advance, Paypal begins a new phase in the real use of stablecoins: daily payments.
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