PayPal, With 434 Million Customers and $70 Billion Valuation, Aims to Be Gateway for Bitcoin and Crypto

PayPal Holdings, Inc., a $70 billion electronic payments company with 434 million customers worldwide, has expressed its ambition to become the primary gateway for Bitcoin and cryptocurrency transactions. A former PayPal president stated that Bitcoin will be the leading network for moving money and stablecoins, emphasizing there is no viable alternative. PayPal processes trillions in payments annually and aims to position itself as the mainstream destination for crypto users. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant