PayPal launches a major attack: opening up over 1 million business accounts in the United States to directly buy and sell cryptocurrencies
American merchants can directly purchase, hold, and sell cryptocurrencies from PayPal corporate accounts.
Author: Meta Space DAO
Article source: Meta Space DAO
Payment giant PayPal released a press release yesterday stating that American merchants can directly purchase, hold, and sell cryptocurrencies from PayPal corporate accounts, but this cryptocurrency service will not be initially open to corporate accounts in New York State.
Since October 2020, payment giant PayPal has been providing US users with the option to purchase, hold, and sell cryptocurrencies for the first time. After expanding this service to its mobile payment service Venmo in 2021, PayPal continues to work in the cryptocurrency field, attempting to bring existing users and merchants into the cryptocurrency industry.
After nearly 4 years, PayPal announced in a press release on the 25th that American merchants can directly purchase, hold, and sell cryptocurrencies from PayPal corporate accounts, but this cryptocurrency service will not be initially open to corporate accounts in New York State.
Jose Fernandez da Ponte, Senior Vice President of Blockchain at PayPal, stated that since we introduced the feature where PayPal and Venmo users can buy, sell, and hold cryptocurrencies in their wallets, we have gained a deeper understanding of how they use cryptocurrencies.
However, an increasing number of businesses have expressed a desire to obtain the same cryptocurrency features as consumers. To meet this demand, we are pleased to launch this new service to help businesses easily use digital currencies.
Not only that, PayPal also allows American merchants to transfer cryptocurrencies from the chain to supported third-party wallets.
According to a 2023 statistical data, there were approximately 17317147 websites worldwide that could use PayPal last year, with over 1039766 websites using PayPal in the United States and 308166 websites reporting using PayPal for online transactions in the United Kingdom.
It is expected that by the end of 2024, the global number of PayPal users will reach 236.7 million.
PYUSD market value exceeded 1 billion US dollars in August
In addition, Paypal's stablecoin PYUSD, which was issued on the Ethereum chain last year, has also experienced significant growth this year. Among them, PYUSD's launch on the public chain Solana in May this year is the key to rapid growth. Paypal stated that Solana is known for its extremely low-cost and high-speed processing of large amounts of transactions, providing significant advantages for commercial use cases. As the most commonly used blockchain for stablecoin transfers, Solana has become the leading blockchain for running tokenized transactions, and as Solana continues to be used in payment applications, it has become an ideal choice for PYUSD. Recently, the Solana ecosystem PayFi narrative has flourished, causing PYUSD's market value to surpass the $1 billion mark in August. (However, as the subsequent rewards expire, the circulation seems to have declined again)
Former PayPal CEO: Bitcoin outperforms fiat in cross-border transactions
According to reports, at the Microstrategy World 2024 event held in Las Vegas in May, David Marcus, former president of PayPal and current CEO of Lightspark, shared the prospects of combining artificial intelligence (AI) with Bitcoin (BTC) during the "Bitcoin for Companies" segment.
David Marcus believes that Bitcoin has the potential to become the primary trading currency for AI and describes it as "maximally neutral". For AI systems operating in different countries or regions, this characteristic gives it an advantage over traditional fiat currencies such as the euro or dollar.
Marcus emphasized at the meeting that Bitcoin can eliminate the inherent inefficiencies and frictions of fiat currency. He predicts that AI agents will adopt this' digital native 'trading medium.
(责任编辑:黄金TD)
- 绥化高铁站位置在哪里
- 10月31日国泰优势行业混合A净值增长2.16%,近6个月累计上涨27.34%
- 2025数字货币行情软件推荐_交易风险相对低的以太坊交易软件榜单一览
- 10月31日摩根行业睿选股票A净值增长0.02%,今年来累计上涨16.62%
- 厚街新华书店在哪里
- 股票是如何运作的
- 全球领先以太坊钱包有哪些?正规官方数字币交易软件最新榜单
- 10月31日广发利鑫灵活配置混合C净值增长0.62%,近3个月累计上涨12.82%
- 任性是啥?看完秒懂!任性是什么意思
- 以太坊扩容路线图调整提案发布,部分无状态节点成焦点
- 梅干菜扣肉是哪里的菜
- 以太坊手机钱包
- 怎么购买THETA币?THETA币在哪个平台交易?THETA币购买交易教程
- 10月31日长安鑫禧灵活配置混合C净值增长1.99%,近3个月累计上涨19.12%
- 数字货币交易app排名_top10主流货币永续 排名盘点
- 10月31日富国悦享回报12个月持有期混合C净值增长0.12%,今年来累计上涨4.94%
- 10月31日汇丰晋信双核策略混合A净值增长1.58%,近3个月累计上涨19.46%
- 10月31日南方优选价值混合H净值下跌0.99%,近1个月累计下跌3.96%
- 请问信用管家征信贷款能下款吗?我想在信用管家征信贷款上借款。
- 羽毛币手机钱包-羽毛币手机钱包怎么用
- 虚拟货币交易平台有哪些 views+
- OK交易所官网入口登录 views+
- okx官方 views+
- 欧易正规 views+
- okb交易所官网 views+
- 十大虚拟货币交易平台app views+
- ok币 views+
- 欧易最新版本 views+
- 欧易开户 views+
- 欧易交易所下载 views+