PayPal is not giving merchants crypto... just fiat currencies. So this is a half-assed implementation.
Let’s hope stripe does it right (crypto from the buyer and crypto to the seller)
Let’s hope stripe does it right (crypto from the buyer and crypto to the seller)
Same goes for buying in EUR and the merchant receiving USD. Buyers get to use their preferred currency (now inc. crypto) and merchants receive theirs.
It's so strange to me that people don't see how that is antithetical to the concept of cryptocurrencies.
The right way to do cryptocurrencies is to just let people use cryptocurrencies. But that means watching your business get eaten up by it. Which is why they are trying to insert themselves so that they don't get disrupted out of existence.
Why would you need a middleman for that? Every crypto is already peer to peer.
Companies want a simple solution that lets them accept the various common ways people want to pay whether that's Paypal balance, any of the credit/debit cards, or any of the other services out there.