PayPal: Large enterprises are leading the adoption of encrypted payments, with nearly 85% of merchants expecting it to become the norm within 5 years.

A recent PayPal survey reveals that nearly 85% of surveyed merchants expect cryptocurrency payments to become commonplace within the next five years. The survey, conducted in late October 2025, covered approximately 620 "payment strategy decision-makers." The data shows that nearly 90% of merchants reported receiving inquiries from consumers about using cryptocurrency payments, with about 40% already supporting crypto payments at checkout. Among merchants accepting crypto payments, a significant portion indicated that crypto payments now account for more than a quarter of their total sales, and about three-quarters reported an increase in related sales over the past year. May Zabaneh, Vice President and General Manager of PayPal's Crypto Business, stated that crypto payments are moving from the experimental stage to everyday business applications, driven primarily by consumer demand for faster and more flexible payment methods. Once merchants begin adopting them, the real value will become apparent. In terms of scale, the adoption of crypto payments is primarily driven by large enterprises. Approximately 50% of companies with annual revenue exceeding $500 million already accept crypto payments, compared to 34% for small businesses and 32% for medium-sized businesses. Furthermore, approximately 90% of merchants indicated they would be willing to try encrypted payments if the experience and integration process were comparable to traditional bank card payments. This survey is closely related to the regulatory developments in stablecoins. Following the enactment of the GENIUS Act, the issuance and trading of stablecoins have received clear guidance. PayPal, as one of the earliest mainstream payment institutions to deploy stablecoins, is seeing its practices followed by more banks and fintech companies. (The Block)