PayPal announced the expansion of its “Pay with Crypto” platform, allowing US merchants to accept over 100 cryptocurrencies, settle transactions instantly, and reduce international fees by up to 90%. While PayPal’s stablecoin PYUSD is the clearest winner, the ripple effect across altcoins could be significant. PYUSD Sees Immediate Surge, Unlocks 4% Yield on Holdings At the heart of PayPal’s strategy is its stablecoin, PYUSD. Following the announcement, trading volume for PYUSD spiked 158%, reflecting growing interest in the coin’s utility and embedded incentives
source: https://beincrypto.com/paypal-global-crypto-rollout-pyusd-solana-ethereum/