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:创业研究)
- ·加密货币牛市即将爆发?美国大选与全球流动性或成关键催化剂
- ·以太坊钱包mac
- ·比特币突破10万美元大关:机构增持、流动性改善与政策利好共振推动市场重估
- ·正荣地产(06158):重组支持协议的最后截止日期已进一步延长
- ·吃回扣怎么记在公司的账上
- ·KMD币最新价格
- ·币安双币投资:复杂市场环境中的稳健收益之道
- ·全方位官网OKX欧义交易所电脑端下载与安装过程
- ·假死的 Jeff Yu,待在父母家中抱怨被人肉搜索
- ·没有出库单怎么结转成本
- ·热币交易所公告-热币交易所公告最新
- ·比特币k线-介绍比特币的K线图分析
- ·从 Reddio 看并行 EVM 的优化之路
- ·美国参议院推进 GENIUS 稳定币法案
- ·人人贷申请额度步骤有哪些?额度最高有多少?
- ·货币交易平台app
- ·黄金涨,BTC跌,财务顾问如何看“价值存储”这一叙事
- ·Mind Network推出隐私保护型价格预言机FHE TrustPrice Index
- ·虚拟币交易所排行榜 虚拟币交易哪个平台好?
- ·10月31日安信楚盈一年持有混合C净值下跌0.04%,近1个月累计下跌0.38%
- ·财务报表申报完可以改吗
- ·贝莱德比特币ETF持仓超63万枚BTC
- ·保险赔付率是怎么算出来的?
- ·10月31日银华创新动力优选混合A净值增长0.46%,近3个月累计上涨17.46%
- ·10月31日南方安裕混合E净值下跌0.01%,近1个月累计下跌0.66%
- ·10月31日中欧新动力混合(LOF)C净值下跌0.43%,近1个月累计下跌1.94%
- · 虚拟货币交易平台排名
- · 数字货币交易平台app
- · 数字货币交易app
- · okx网页版
- · okx官方
- · 加密货币交易所
- · 虚拟货币交易平台排名
- · 全球三大虚拟货币交易平台
- · 虚拟货币交易
- · 数字货币交易所