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:基金数据)
- ·USDT哪个平台可以交易 数字交易平台排行榜usdt
- ·芝麻交易所区块链app下载-芝麻交易所ouyi区块链平台无毒版v6.5.0下载入口
- ·穿透 Monad 的社群魔术,如何将文化与社区力量最大化?
- ·如何找到钱包文件
- ·我来贷利率是多少,借款的流程是什么?
- ·BitMart Successfully held the Crypto Fantasy Night Singapore TOKEN2049 high-end Web 3.0 industry cocktail party
- ·虚拟钱包下载安装
- ·钱包如何导入密钥教程-钱包如何导入密钥教程视频
- ·Metaplanet每股比特币持有量增加170%
- ·10月31日诺安汇利灵活配置混合A净值增长0.07%,近1个月累计下跌0.13%
- ·知产链当前价格-知产链当前价格怎么算
- ·10月31日平安优势产业混合A净值下跌0.44%,今年来累计下跌12.06%
- ·火币网收费吗
- ·bat币怎么样
- ·火币比特币钱包
- ·BCHA有什么-b茶有什么功效
- ·广发信用卡补卡进度怎么查询啊?
- ·10月31日嘉实创新动力混合发起式A2净值增长0.01%,今年来累计上涨22.73%
- ·集团公司对子公司的投资怎么账务处理
- ·csac币今日价格-csc币现在价位
- ·安卓哪里下载meme币交易所 meme币交易所App官方
- ·被Vitalik喊单,链上数据高速增长,老牌公链Celo借L2和稳定币开启新叙事
- ·10月31日博时量化平衡混合C净值增长0.44%,近3个月累计上涨7.78%
- ·链克积分价格-链克积分价格怎么算
- ·10月31日易方达核心优势股票A净值下跌0.51%,近1个月累计下跌7.24%
- ·10月31日华安新活力灵活配置混合A净值下跌0.14%,近1个月累计上涨0.42%
- · 欧易正规
- · 亿欧交易所下载
- ·欧易交易所下载
- · 易欧app官网下载
- · OK交易所官网入口登录
- · 虚拟货币交易平台排名
- · 欧易交易所 电脑
- · okx交易所app官网
- · 欧易开户
- · 数字货币交易app