PayPal has launched Checkout with Crypto, a new service that allows consumers in the United States to pay with cryptocurrencies like bitcoin. Merchants all over the world receive the money as fiat.
PayPal has moved forward with its support for cryptocurrencies by allowing people to pay with cryptocurrency at checkout. The firm said that Checkout with Crypto “significantly expands” the usefulness of cryptocurrencies which have largely been kept as assets to date due to the lack of merchants that accept bitcoin and other cryptos.