PayPal (PYPL.US) is about to accept 100+ cryptocurrencies with one click, aiming to reshape the cross-border transaction model.

According to the Wise Finance APP, PayPal (PYPL.US), one of the world's largest digital payment service providers, will soon allow businesses to accept over 100 types of cryptocurrencies at checkout. This move by PayPal signifies the most influential global online payment giant is trying to significantly improve cross-border transaction efficiency and reduce cross-border fees. It is understood that this option will be launched in the coming weeks, and businesses will be able to accept cryptocurrencies such as Bitcoin, Ethereum, stablecoins USDT issued by Tether, and USDC issued by Circle, from cryptocurrency platform wallets such as Coinbase, OKX, Phantom, MetaMask, and Exodus.