PayPal’s new payment system, “Pay with Crypto,” is designed to streamline international transactions for small businesses. By allowing merchants to accept over 100 cryptocurrencies, including Bitcoin and Ethereum, the system significantly reduces transaction feesâ”potentially by up to 90%. This innovative approach aims to tackle the high costs of traditional international transactions, enabling businesses to tap into a vast $3 trillion market. PayPal CEO Alex Chriss highlights the platform’s goal of eliminating barriers in global trade. The service converts payments almost instantaneously from cryptocurrencies to stablecoins or traditional currency for a nominal fee of 0.99%, maximizing profits and attracting crypto-savvy customers. Merchants can also access their funds instantly and bene
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