PayPal Launches P2P Payments But With a Twist

PayPal, a global payment company, has recently introduced PayPal Links, a new way to send and receive money directly to friends and family. This peer-to-peer (P2P) payment solution enables easy cryptocurrency transfers during everyday conversations.

Benefits of PayPal Links

This new feature will allow users to create a one-time personalized payment link. Users can share this link through text messages, direct messages (DMs), emails, or any digital platform. 

It is worth noting that PayPal Links is quick, easy, and secure, allowing individuals to send or request money, including cryptocurrency. This means one does not need to switch apps or use complicated wallet addresses.

The new service is launching this month for PayPal’s 278 million customers in the U.S. It plans to expand this service to the UK, Italy, and other markets soon. Meanwhile, PayPal Links will let users send cryptocurrency, such as Bitcoin and Ethereum, easily.

This feature reflects PayPal’s dedication to utilizing blockchain technology in everyday finance. Now, people can use digital assets for daily transactions, not just as investments.

Additionally, PayPal is introducing easy-to-use tax tools to help users manage their crypto transactions. These updates make it simpler for individuals to comply with growing regulations on crypto taxes in the U.S. and worldwide.

PayPal Stablecoin Goes Live on Stellar

In June, the global payment giant took its United States dollar-pegged stablecoin PYUSD to the Stellar (XLM) blockchain. 

With this move, PayPal aims to strengthen the token’s position in the sector where cross-border remittances and payment financing are a priority. Notably, the integration will enable the stablecoin to explore new areas such as Payment Financing (PayFi).

Meanwhile, PYUSD has been making waves across several protocols and projects since its official launch. 

Last November, it was integrated with LayerZero’s cross-blockchain bridging protocol. This development made it easier for PYUSD holders to transfer assets seamlessly between the Ethereum and Solana blockchains.

PYUSD Sees Support From Major Platform

The stablecoin was designed to facilitate payments, transfers, and purchases within PayPal and Venmo. Since its launch, it has gained traction within the financial sector and has seen support from major cryptocurrency platforms, including Moonpay.

Recall that US-licensed global digital bank FinTech Ventures (FV Bank) recently added PYUSD to its stablecoin services. As of July 2025, PYUSD had a market capitalization of around $844 million.

PYUSD is not just limited to PayPal and Venmo, and it is rapidly expanding its presence across various facets of the digital finance world.