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PayPal now allows crypto spending at millions of merchants

PayPal now allows crypto spending at millions of merchants

PayPal has started allowing U.S. users to spend their cryptocurrency holdings at millions of online merchants globally, Reuters reported Tuesday.

The development means PayPal users who hold bitcoin (BTC), ether (ETH), bitcoin cash (BCH), and litecoin (LTC) in PayPal digital wallets can now convert their crypto holdings into fiat to make purchases.

This is a developing story and will be updated…

 

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Author: Yogita Khatri


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