PayPal says the system currently supports 100 cryptocurrencies, with plans to expand. PayPal first opened up crypto buying and selling in 2020, but this is the biggest push so far to make spending it part of everyday online shopping. The company says Pay With Crypto will roll out to US customers first, with more countries to follow.

PayPal Holdings Inc. will allow businesses to accept more than one hundred cryptocurrencies at checkout. According to Frank Keller, "You have globally 650 million users that participate in the $3 trillion market of cryptocurrencies" and PayPal wants to give small businesses access to this customer base.

PayPal will now support crypto-to-fiat checkout with Coinbase, MetaMask, and more, cutting cross-border fees by 90%.