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PayPal Opens Crypto Payments for Millions of Merchants

PayPal Opens Crypto Payments for Millions of Merchants

Today on the Brief: BTC micro futures coming to CME Michael Jordan is now an NFT investor Bitcoin doesn’t care about Treasury yields Our main discussion: PayPal has begun rolling out its crypto checkout tools to millions of merchants. NLW breaks...

The Breakdown

March 31, 202115m 13s

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Show Notes

Today on the Brief:

  • BTC micro futures coming to CME
  • Michael Jordan is now an NFT investor
  • Bitcoin doesn’t care about Treasury yields

Our main discussion: PayPal has begun rolling out its crypto checkout tools to millions of merchants. NLW breaks down:

  • Why payments for day-to-day items have been historically deprioritized for Bitcoin and Ethereum 
  • Why the PayPal checkout tools are unlikely to shift the primary use case from store of value style functions to medium of exchange
  • Why the liquidity and utility PayPal crypto checkout creates still adds significant value to these crypto assets
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