125 million USD volume on PayPal

The payment processor’s crypto division is growing fast, and you can catch this on daily volume too. The new record is 125 million USD. The crypto-share means mostly BTC, but there are also ETH and other supported cryptocurrencies. But worth to mention, currently a very small minority of the users of the platform can use this feature.

PayPal has roughly 340 million users, and next month they will release the crypto payment feature for their client merchants worldwide. This means 26 million stores and vendors. After the first news of bitcoin-integration, experts said, we will see the full effect only in 2021. And based on the newest experiences, huge changes are coming.