TLDR Crypto · MARKETS & BUSINESS

PAYPAL ENABLES BUSINESS ACCOUNTS TO BUY, HOLD, AND SELL CRYPTOCURRENCY

newsroom.paypal-corp.com2 min read

Summary from the TLDR Crypto newsletter

PayPal has extended cryptocurrency capabilities to U.S. business accounts, allowing merchants to buy, hold, and sell crypto directly through their PayPal accounts, with external transfers to third-party wallets also supported. This move builds on PayPal's ongoing efforts to expand digital currency utility, including the launch of its PayPal USD (PYUSD) stablecoin.