00:00over the past 25 years paypal has redefined how many moves between people
00:04another company is taking a bold next step as of september 2025 paypal is rolling out direct
00:10cryptocurrency transfers within peer-to-peer payments us users can now send and receive
00:14bitcoin ethereum and paypal's unstable coin passed this is one of the most significant
00:19moves yet by mainstream payments trying to bring crypto into everyday transactions
00:24at the heart of this rollout is a feature called paypal links these are personalized
00:28one-time payment links that users can generate and share through text chat or email
00:32the recipient simply clicks the link and the payment is complete it is quick and familiar
00:36sending a message but with money built in paypal links are launching first in the united states
00:41with expansion to countries like the united kingdom and as expected later this year
00:45alongside this new feature paypal is enabling direct transfers of bitcoin ethereum and pius within the
00:50paypal and vermo apps as well as to external crypto compatible wallets worldwide importantly
00:55transfers between friends and family remain tax-free under current u.s rules meaning personal
01:00reimbursements gifts or shared expenses when trigger reporting requirements this initiative is part of
01:05paypal world the company's broader framework designed to connect digital wallets and payment
01:09systems across borders peer-to-peer transactions already represent a strong growth area for paypal
01:14with volumes up 10 percent year over year in the second quarter of 2025 by integrating crypto directly
01:20paypal is expanding its reach into both consumer and merchant payments on the global scale
01:25why does this matter first it makes cryptocurrency practical for everyday use of the direct transfer
01:30of value outside traditional banking rails second it lowers the barrier to entry by embedding crypto
01:35into a platform used by hundreds of millions of people and third with past paypal is positioning
01:40itself to power cross-border transactions with lower cost faster settlement and transparency backed by
01:44regulated reserves this move also puts pressure on competitors like sell cash app apple cash and even
01:50crypto native platforms to accelerate their own integrations the race to make digital money
01:55seamless and mainstream has just entered a new stage and paypal is leading from the front
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