PayPal to offer crypto payments starting in 2021
The rumors are now fully confirmed. PayPal announced on Wednesday its entry into the cryptocurrency market, according to multiple reports.PayPal customers will be able to use cryptocurrencies to shop at any merchant in its large network starting from early 2021, the company said.The payments will be settled through fiat currencies, similar to many existing crypto merchant solutions like BitPay. This means that the merchants will be receiving fiat, as PayPal will take care of the conversion. The coins initially supported will include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and....
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