TLDR:
- PayPal unveils “Pay with Crypto” to slash cross-border payment fees for merchants.
- Supports 100+ cryptocurrencies and major wallets like Coinbase and MetaMask.
- Instant conversion to PYUSD gives businesses stable, predictable payouts.
- Merchants pay 0.99% per transaction, far cheaper than traditional credit card fees.
PayPal is taking crypto payments to the mainstream. The company has introduced “Pay with Crypto,” a feature designed to slash international payment costs and speed up transactions.
It connects merchants to hundreds of cryptocurrencies and wallets while cutting fees that have long drained cross-border commerce. According to PayPal CEO Alex Chriss, this update could give small businesses a simple way to reach global buyers.
For crypto users, it opens the door to pay with almost any token and settle instantly.
PayPal Crypto Payments Without the Friction
CEO Alex Chriss shared on X that PayPal now supports over 100 cryptocurrencies and major wallets like Coinbase and MetaMask.
Last week, we launched PayPal World, a first-of-its-kind global network that breaks down barriers in cross-border commerce. Today, we’re introducing Pay with Crypto, enabling seamless blockchain payments where consumers can shop and send money worldwide using crypto.
— Alex Chriss (@acce) July 28, 2025
Users link their wallets, pay with any token, and PayPal instantly converts it to its stablecoin PYUSD. Merchants receive USD in seconds, removing the usual delays and high banking fees.
This setup targets common problems that keep crypto from being practical for everyday payments. PayPal’s conversion step avoids price swings and gives businesses predictable payouts. For many merchants, that’s a game-changer.
PayPal announced in a press release that “Pay with Crypto” charges a 0.99% transaction rate. That’s far below the usual cost of processing international credit card payments. Businesses can also earn 4% rewards for holding PYUSD, adding another layer of value to the system.
Chriss noted that the solution allows a U.S. seller to take an order from a buyer in India and get paid almost instantly. No lengthy settlement times, no steep conversion fees.
Expanding the Crypto Rails
Earlier this month, Arbitrum confirmed that PayPal’s PYUSD stablecoin will expand to its network. The move strengthens PayPal’s position in crypto-based commerce and aligns with its recent launch of PayPal World, a platform connecting major global wallets.
Paypal is expanding $PYUSD to Arbitrum.
As companies around the world realize their products should run on crypto rails, Arbitrum will stand out as the obvious platform to scale their businesses.
Arbitrum Everywhere.
📎 https://t.co/S8VZXjdyZW pic.twitter.com/irsaJuUJLt
— Arbitrum (@arbitrum) July 17, 2025
With “Pay with Crypto,” PayPal links merchants to a market of over 650 million crypto users. By cutting fees and reducing complexity, the company is setting the stage for faster, cheaper, and more accessible global trade.
