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CoinDesk Podcast Network
FIRST MOVER: Why MoonPay and PayPal Partnered to Expand Crypto Adoption in the U.S.
May 4, 2024
Ivan Soto-Wright, MoonPay co-founder and CEO, discusses MoonPay's partnership with PayPal to expand crypto adoption in the U.S. They talk about the importance of a smooth user experience for mainstream adoption of digital assets and the challenges faced by users when transferring fiat onto crypto platforms. The conversation also explores synergies and innovations in the MoonPay-PayPal partnership, as well as MoonPay's collaboration with MasterCard for a unique Web3 experience.
14:12
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Quick takeaways
- MoonPay and PayPal partnership streamlines crypto purchases for users, leveraging PayPal's payment methods.
- Cryptocurrency's future growth mirrors internet's transformative impact, focusing on accessibility and reduced transaction costs.
Deep dives
Moonpay Partnership with PayPal
Moonpay's collaboration with PayPal enables users to seamlessly purchase crypto with PayPal, leveraging various payment methods saved on PayPal to top up their favorite wallets. With a 43% increase in user activity in Q1, the partnership aims to streamline user experiences in the crypto ecosystem by providing accessibility to a broad user base.
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