PayPal joined the cryptocurrency market on Wednesday (October 21, 2020). PayPal's clients will also be able to use cryptocurrencies at the 26 million retailers in its network.

PayPal hopes the service will support the use of cryptocurrencies and develop its network for new digital currencies that could be created by banks and multinationals. PayPal partnered with Paxos Trust Company to implement this service.

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PayPal cryptocurrency

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