Garrett Sims

Image courtesy Cointelegraph

It’s already well established that cryptocurrency is not a fad as so many pundits had predicted. The crypto space has seen a slew of big time corporations pour billions into the world’s most successful digital coin, bitcoin, helping push the its market cap to $1 trillion.

One such company, PayPal, having recently adopted the coin into its infrastructure, has now announced the ability for customers to use bitcoin for checkout.

“PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce.” (Reuters)

The move comes just shortly after Tesla made it possible for its customers to buy Tesla vehicles with bitcoin.

Sources:
https://www.reuters.com/article/us-crypto-currency-paypal-exclusive-idUSKBN2BM10N

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