PayPal has introduced “Pay with Crypto” to enable instant settlements and lower fees for global merchants and crypto users.

PayPal has taken a key step in the mass adoption of cryptocurrencies with the launch of Pay with Crypto, a new feature that allows merchants to receive payments in cryptoassets instantly converted to stablecoins or traditional currencies.

PayPal is now rolling out its "Pay with Crypto" payment option that allows U.S. merchants to accept over 100 different cryptocurrencies.