PayPal’s latest move is a biggie for U.S. crypto enthusiasts. Featuring “Pay with Crypto,” this holiday season, they support over 100 cryptocurrencies. Bitcoin and Ethereum? Yep, they’re in. Merchants are in for a treat with a promotional fee of just 0.99%—much cheaper than the usual credit card fees. And guess what? No need to handle crypto directly. PayPal converts it all. So, buckle up. There’s more to uncover here.
In a move that’s set to shake up the crypto scene, PayPal has released its long-anticipated “Pay with Crypto” feature in the U.S. That’s right, you can now use your Bitcoin to buy… whatever’s in your PayPal cart. On July 28, 2025, PayPal threw its hat into the digital currency ring, aiming to make it rain crypto for U.S. merchants. The feature supports a staggering 100+ cryptocurrencies, including heavy hitters like Bitcoin, Ethereum, USDT, and Solana. PayPal is also enhancing its digital wallet interoperability to simplify transactions.
But wait, it gets better. PayPal is targeting smaller businesses and covering the crypto that makes up 90% of the market’s $4 trillion value. They’re practically rolling out the red carpet for U.S. businesses to plunge into the crypto pool.
And if you thought this was going to cost an arm and a leg, think again. PayPal’s promotional fee of 0.99% for the first year is cheaper than the average U.S. credit card rate. Who knew saving money could be this stylish? The fees are lower than the 1.57% average rate charged by credit card companies in 2024, making it an attractive option for merchants.
Now, about that conversion process. Customers simply connect their crypto wallets to PayPal at checkout. PayPal does the dirty work by selling the crypto on exchanges like Coinbase or Uniswap. The proceeds morph into the PYUSD stablecoin, then into U.S. dollars. All this happens faster than you can say “blockchain,” with the merchant blissfully unaware of the crypto hustle in the background.
Merchants get their dollars without touching crypto. It’s almost like magic. Plus, with PayPal’s PYUSD, a stablecoin launched in 2023, funds are redeemable 1:1 for USD and come with a 4% annual reward. Who doesn’t love a little bonus?
And let’s not forget the merchants’ perks—lower international payment costs and fewer headaches. A shopper in Guatemala can pay a merchant in Oklahoma like they’re neighbors. No crypto degree required.
Expansion to enterprise customers is on the horizon, too.
