PayPal Rolls Out New Crypto Feature: Here’s Why You Should Care

PayPal (NASDAQ:PYPL) has unveiled a new feature that allows users to connect their personal cryptocurrency wallets directly to merchant checkout pages, enabling seamless crypto payments across borders.

What Happened: This latest enhancement further deepens the fintech company’s integration with digital assets.

The process works by routing the crypto payment through exchanges, either centralized platforms like Coinbase (NASDAQ:COIN) or decentralized protocols such as Uniswap (CRYPTO: UNI), depending on the user’s wallet, Fortune reported on Monday.

The digital asset is then sold, and the value is first converted into PayPal’s own stablecoin, PYUSD, before being settled …

Full story available on Benzinga.com