Key Takeaways:
- PayPal’s new feature lets U.S. merchants accept payments in over 100 cryptocurrencies, converting them to PYUSD or fiat to avoid volatility.
- The company charges a 0.99% crypto transaction fee, claiming it’s 90% cheaper than standard credit card processing.
- This move intensifies competition in the crypto payments space, as firms like Stripe and Coinbase expand stablecoin and fiat-to-crypto services.
PayPal has launched a new crypto checkout feature enabling U.S. merchants to accept payments in over 100 digital assets, including Bitcoin (BTC), Ether (ETH), Solana (SOL), USDT, USDC, and XRP.
The system integrates with major wallets like Coinbase Wallet, MetaMask, Binance, and Kraken.
Tired: Paying high transaction fees for international payments.
— PayPal (@PayPal) July 28, 2025
Wired: Reducing costs up to 90% by offering pay with crypto for payments.
✅ Reduce international transaction fees by up to 90%
✅ Offer 100+ cryptocurrencies and eligible wallets at checkout
✅ Get immediate… pic.twitter.com/3XgOXW2Smr
Payments are automatically converted to either PayPal’s stablecoin, PYUSD, or fiat currency, helping merchants avoid crypto volatility.
A 0.99% transaction fee is charged – significantly lower than typical credit card fees, which start around 1.75%.
The service targets small and medium-sized businesses with a focus on simplifying cross-border payments, though it excludes New York state at launch.
This rollout puts PayPal in competition with other fintech firms like Stripe, which recently launched stablecoin payments and partnered with Coinbase for fiat-to-crypto integrations.
Meanwhile, Coinbase continues to develop tools like Coinbase Commerce and the x402 protocol, designed for stablecoin transfers over HTTP.
PayPal’s move aligns with favorable regulatory shifts, such as the GENIUS Act, which supports stablecoin innovation.
With PYUSD’s market cap rising nearly 80% this year, PayPal aims to expand its role in global commerce by offering faster, cheaper crypto-based payment solutions to U.S. merchants.
About The Author
Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
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