BREAKDOWN: PayPal Opens Crypto Payments for Millions of Merchants

The old canard that you can’t buy coffee with bitcoin is less true than ever as PayPal rolls out crypto checkout for 29 million merchants.

This episode is sponsored by Nexo.io and Casper.

Today on the Brief:

BTC micro futures coming to CMEMichael Jordan is now an NFT investorBitcoin 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 exchangeWhy the liquidity and utility PayPal crypto checkout creates still adds significant value to these crypto assets

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Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.

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Launching in late-March, Casper is the future-proof blockchain protocol that finally address the blockchain trilemma. Learn more at Casper.Network.

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