PayPal Holdings Inc. will allow businesses to accept more than one hundred cryptocurrencies at checkout. According to Frank Keller, "You have globally 650 million users that participate in the $3 trillion market of cryptocurrencies" and PayPal wants to give small businesses access to this customer base.

When someone chooses to pay with crypto, PayPal automatically converts the digital coins into local currency for the seller. This means merchants don't have to handle crypto themselves or worry about price swings since they get paid in dollars or their local money,