In April, MoonPay and PayPal launched a partnership to onboard nearly 500M PayPal users to crypto. This partnership is one of the biggest and most underrated news stories of the year.
In short: This integration grants PayPal users access to 110+ cryptocurrencies, and gives MoonPay users (and users of MoonPay partners across the crypto ecosystem) the ability to seamlessly fund their purchases through their PayPal accounts. This is different than any other solutions which limit PayPal purchases to PYUSD, BTC, or ETH.
Yes, this also means that you can now buy bitcoin, ethereum, solana and more with PayPal.
Plus it solves one of crypto’s biggest problems: Easy and seamless access.
It’s massive. And today, we’re going to unpack this:
MoonPay, a leading crypto on-ramp and off-ramp provider and a blockchain payments infrastructure firm, has become the bridge between traditional money and crypto with over 20M verified accounts.
Just in the first half of 2024, MoonPay onboarded 550K new crypto users to the ecosystem.
Their latest move? Partnering with PayPal.
