Paypal to integrate all cryptocurrencies into its platform

27 May 2022

PayPal, the global payment company is working on bringing all possible blockchain and cryptocurrency integration to its services, Cointelegraph reports.

In his statement, Richard Nash, vice president of PayPal, said:

Just walking slowly in the crypto shield with buys or holds in certain jurisdictions. [...] Looking to work with others to embrace everything we can, whether it’d be the coins that we have today in PayPal digital wallets, private digital currencies, or CBDCs in the future.”

Cointelegraph highlighted that PayPal is one of the world’s largest payment companies to have moved into crypto and blockchain in recent years. PayPal also announced its own crypto check-out service in March 2021. The fpayment giant is also considering launching its own stablecoin, named PayPal Coin.