PayPal to partner Paxos for Cyprtocurrencies

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According to Coindesk PayPal has partnered with Paxos to bring Cryptocurrencies on the platform according to inside knowledge.

The userbase of PayPal and Venmo is 325 million. If cryptos will grab the attention of even fraction of the userbase it would help massively with the adoption!

Paxos had previously teamed up with Revolut to launch crypto services in the US. With this previous partnership Paxos already pledged to be prepared to scale its own internal exchange itBit to reliably serve clients.

With massive adoption news from the past week, it looks more and more promising in the cryptoland! 

 

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