MoonPay, PayPal Enable Crypto Buys for 426M U.S. Users, 110+ Tokens

May 2, 2024, 01:01 PM

MoonPay has announced a significant partnership with PayPal to facilitate cryptocurrency transactions for U.S. users. This integration allows PayPal's 426 million users to purchase over 110 different cryptocurrencies, including popular tokens like Solana and Cardano, directly through MoonPay. The service will enable transactions using PayPal balances or bank ACH transfers, and selling options will be enabled soon. This move, which follows PayPal processing $1.5 trillion USD in 2023, is seen as a transformative step for MoonPay and a substantial expansion of PayPal's crypto offerings.