CoinDesk Podcast Network PayPal Makes 100 Crypto Available for U.S. Merchant Payments | COINDESK DAILY
Jul 28, 2025
PayPal is shaking up the payment scene by allowing U.S. merchants to accept over 100 cryptocurrencies, including bitcoin and even fartcoin! Amid this shift, public skepticism about crypto remains high, as new survey data reveals. The discussion also highlights the arrival of Midnight, a privacy-first blockchain technology that offers users control over their data. The implications of these developments in the crypto world are vast, blending innovation with the ever-present challenges of privacy and public trust.
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PayPal's Crypto Gateway vs. Adoption
- PayPal now allows small U.S. merchants to accept over 100 cryptocurrencies, including Bitcoin and Ether.
- Despite this, only 14% of Americans own crypto, and 60% are uninterested, revealing limited mainstream adoption.
Crypto Ownership Demographics
- Younger men and high-income earners are more likely to own cryptocurrency.
- Women, older adults, and low-income groups are significantly underrepresented among crypto owners.
Perceived Crypto Risk Persists
- Most Americans still view cryptocurrencies as risky investments despite growing ownership.
- Skepticism remains a major barrier to crypto's mainstream appeal.