PayPal launches a major attack: opening up over 1 million business accounts in the United States to directly buy and sell cryptocurrencies
American merchants can directly purchase, hold, and sell cryptocurrencies from PayPal corporate accounts.
Author: Meta Space DAO
Article source: Meta Space DAO
Payment giant PayPal released a press release yesterday stating that American merchants can directly purchase, hold, and sell cryptocurrencies from PayPal corporate accounts, but this cryptocurrency service will not be initially open to corporate accounts in New York State.
Since October 2020, payment giant PayPal has been providing US users with the option to purchase, hold, and sell cryptocurrencies for the first time. After expanding this service to its mobile payment service Venmo in 2021, PayPal continues to work in the cryptocurrency field, attempting to bring existing users and merchants into the cryptocurrency industry.
After nearly 4 years, PayPal announced in a press release on the 25th that American merchants can directly purchase, hold, and sell cryptocurrencies from PayPal corporate accounts, but this cryptocurrency service will not be initially open to corporate accounts in New York State.
Jose Fernandez da Ponte, Senior Vice President of Blockchain at PayPal, stated that since we introduced the feature where PayPal and Venmo users can buy, sell, and hold cryptocurrencies in their wallets, we have gained a deeper understanding of how they use cryptocurrencies.
However, an increasing number of businesses have expressed a desire to obtain the same cryptocurrency features as consumers. To meet this demand, we are pleased to launch this new service to help businesses easily use digital currencies.
Not only that, PayPal also allows American merchants to transfer cryptocurrencies from the chain to supported third-party wallets.
According to a 2023 statistical data, there were approximately 17317147 websites worldwide that could use PayPal last year, with over 1039766 websites using PayPal in the United States and 308166 websites reporting using PayPal for online transactions in the United Kingdom.
It is expected that by the end of 2024, the global number of PayPal users will reach 236.7 million.
PYUSD market value exceeded 1 billion US dollars in August
In addition, Paypal's stablecoin PYUSD, which was issued on the Ethereum chain last year, has also experienced significant growth this year. Among them, PYUSD's launch on the public chain Solana in May this year is the key to rapid growth. Paypal stated that Solana is known for its extremely low-cost and high-speed processing of large amounts of transactions, providing significant advantages for commercial use cases. As the most commonly used blockchain for stablecoin transfers, Solana has become the leading blockchain for running tokenized transactions, and as Solana continues to be used in payment applications, it has become an ideal choice for PYUSD. Recently, the Solana ecosystem PayFi narrative has flourished, causing PYUSD's market value to surpass the $1 billion mark in August. (However, as the subsequent rewards expire, the circulation seems to have declined again)
Former PayPal CEO: Bitcoin outperforms fiat in cross-border transactions
According to reports, at the Microstrategy World 2024 event held in Las Vegas in May, David Marcus, former president of PayPal and current CEO of Lightspark, shared the prospects of combining artificial intelligence (AI) with Bitcoin (BTC) during the "Bitcoin for Companies" segment.
David Marcus believes that Bitcoin has the potential to become the primary trading currency for AI and describes it as "maximally neutral". For AI systems operating in different countries or regions, this characteristic gives it an advantage over traditional fiat currencies such as the euro or dollar.
Marcus emphasized at the meeting that Bitcoin can eliminate the inherent inefficiencies and frictions of fiat currency. He predicts that AI agents will adopt this' digital native 'trading medium.
(责任编辑:基金优选)
-
但友友用车也因此而成本高企,亏损严重,让他们意想不到的是,这竟然成为公司倒闭的导火索。...[详细]
-
他是百度早期高管,在商场上朋友众多,大家都愿意给他面子。...[详细]
-
1、AD-1广告活动可考虑做一些推广,如广告投放,此外可以加大一些促销力度,比如会员特别促销优惠、延长促销时间等。...[详细]
-
上海交通大学轨道交通高管班项目主任汪峰也指出: 随意扫陌生人二维码存在安全隐患,从技术角度而言,一些别有用心者会伺机获取他人隐私信息,甚至将黑客软件植入他人手机。...[详细]
-
整个过程不超过10分钟,每天“写”20篇。...[详细]
-
如果你是出自真心而非恶意去写一个公司的问题,他们还是会接受的。...[详细]
-
所以确定了英雄的人物形象之后,英雄技能的设计就变得非常的简单了,只需要根据这个人物的形象,设定它的基本英雄定位,然后去《英雄联盟》里面借鉴就可以了,原创技能的设计和组合,交给《英雄联盟》的团队去发...[详细]
-
而在这些现象级的产品背后,新进创投的名气却显得微不足道,更像是一个低调潜行的隐者。...[详细]
-
被质疑卷款跑路,创始人回应:会退款 友友用车此前曾宣布公司拥有自有车辆300辆,分布在写字楼、小区、郊区等地近70个网点。...[详细]
-
为了节省文字,你也应该尝试使用URL缩写服务,比如t.co或者goo.gl或bit.ly。...[详细]