PayPal is introducing new one-to-one payment links that will soon support cryptocurrency transactions. This feature aims to enhance user convenience and broaden the platform's capabilities in the evolving digital finance landscape.
PayPal CEO Alex Chriss views stablecoins as an opportunity for enhancing the payments ecosystem rather than a threat, emphasizing their potential to create more efficient money transfer methods. He acknowledged the challenges ahead, noting that while stablecoins may not become widely used immediately, they are seen as the next evolution in digital payments, particularly for cross-border transactions.