Which Altcoin Will PayPal Embrace?

[TomPluz]

With the recent foray of PayPal into Bitcoin and its subsequent buying of newly mined coins due to immense demand coming from its millions of users, the whole cryptocurrency community rejoiced because this one factor alone is a big one contributing a lot to the continuing pump of the coin's value.

Now, I am sure that after Bitcoin there can be a time when PayPal will also be stretching its wing and accept an altcoin or better yet a number of altcoins into its fold. Will it be Ethereum, XRP, BitcoinCash or a number of DeFi assets?

Take a guess.

[Mexite]

For now BTC may be the only crypto supported by PayPal but if they later decide to expand their crypto support, ETH, XRP could be next.

[Tnoy30]

The cryptocurrency community is very happy. Because big websites or companies around the world have approved Bitcoin in their announcements. So the popularity of people all over the world has increased even more. PayPal is not universally accepted. However, most developed countries use PayPal. PayPal is very effective for freelancers. PayPal has approved Bitcoin. That means the popularity has increased even more.

[Dociko]

PayPal has been able to accept Bitcoin. Bitcoin's popularity has helped to increase. Bitcoin has become a popular currency among cryptocurrencies. But I believe who will accept more currencies in the future. I believe that Bitcoin Cash, Ethereum, Litecoin DeFi will be accepted by anyone. Then PayPal and cryptocurrency will become more popular all over the world.

[bitbit97]

I think that in next step paypal will add several altcoins. Top5 or top10 I think. There is no point of adding just one. Proof of this might thr fact that Paypal already support 26 fiat currencies.

[trauchot]

PayPal is a very huge and rich payment system and PayPal has a very large customer base and I am sure that gradually PayPal will add as many altcoins as possible, because PayPal understands that the more altcoins will be available in their payment system, the more money they will can earn, so it's just a matter of time.

[Ghozrd]

With the recent foray of PayPal into Bitcoin and its subsequent buying of newly mined coins due to immense demand coming from its millions of users, the whole cryptocurrency community rejoiced because this one factor alone is a big one contributing a lot to the continuing pump of the coin's value.

Now, I am sure that after Bitcoin there can be a time when PayPal will also be stretching its wing and accept an altcoin or better yet a number of altcoins into its fold. Will it be Ethereum, XRP, BitcoinCash or a number of DeFi assets?

Take a guess.

I thought stable coins like USDT and coins that could be mined like ETH would be paypal's choice, but so far I haven't seen the Bitcoin payment / deposit menu in my paypal account, it looks like if paypal really wants to expand the reach of crypto users, paypal will choose altcoins that have a high level of trust by crypto users, such as the top altcoins on coinmarketcup. they will easily add these altcoins

[GREENch85]

I have the impression that someone is clearing the way for PayPal. Here are a few facts, although it may just be a coincidence. Binance will soon start blocking US users ' accounts (14 days to withdraw funds). Coinbase stops supporting margin trading.

[Jaguar]

Normally the most popular and beneficial altcoins like Eth, Xrp, Bch, Nem, Ada, etc. Probably Paypal will conduct a survey to determine the customers cares and wishes about cryptocurrencies to adopt. Then they will think about it deeply to make it successful and wider the boundaries from traditional to crypto method.

[atjiat]

PayPal will definitely accept only the most rated cryptocurrencies, since such actions will bring certain prospects in the future, but on the other hand, this will allow in the future to control most of the cryptocurrency users. I have very little trust in paypal.

[TomPluz]

With the recent foray of PayPal into Bitcoin and its subsequent buying of newly mined coins due to immense demand coming from its millions of users, the whole cryptocurrency community rejoiced because this one factor alone is a big one contributing a lot to the continuing pump of the coin's value.

Now, I am sure that after Bitcoin there can be a time when PayPal will also be stretching its wing and accept an altcoin or better yet a number of altcoins into its fold. Will it be Ethereum, XRP, BitcoinCash or a number of DeFi assets?

Take a guess.

I thought stable coins like USDT and coins that could be mined like ETH would be paypal's choice, but so far I haven't seen the Bitcoin payment / deposit menu in my paypal account, it looks like if paypal really wants to expand the reach of crypto users, paypal will choose altcoins that have a high level of trust by crypto users, such as the top altcoins on coinmarketcup. they will easily add these altcoins

I agree on USDT though this scenario can be more possible if PayPal will someday realize that it must have its own exchange as well, following the footsteps of Binance. For now, the executives of PayPal may not have it on mind but when they realize of the current demand and the expanding influence of cryptocurrency having its own exchange can be a big advantage. Let's see what can be.

[Gravatai]

It is unlikely that any DeFi token will be added, but Ethereum and XRP are quite possible that they will be added to PayPal as these are large projects that have hundreds of thousands of users. I think that PayPal needs to expand the list and make it possible to buy at least several dozen different cryptocurrencies, this will help the development of cryptocurrencies.

[bitbit97]

If PayPal adds altcoins, hope they will be real altcoins, and users will be able to deposit and withdraw them. But not alts that can only be bought, sold and traded only in limits of Paypal platform.

Would be really funny if they add Monero, as it is most anonymous and decentralized alt.

[hair]

I think paypal embrace XRP because we know that Ripple is supported by many banks so that it will make transactions between countries easier

[MrSpasybo]

The coins initially supported will include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC), the company said. The payments giant partnered with Paxos to deliver the service, and it obtained a conditional cryptocurrency license from the New York State Department of Financial Services, commonly known as the BitLicense.

Article: PayPal to offer crypto payments starting in 2021

I think PayPal will support stable coins like PAX. Ripple is also a good suggestion as it is accepted by many banks around the world.