Coinbase has partnered with PayPal to simplify the process of buying and withdrawing cryptocurrency for users in Germany and the UK. The collaboration will allow for faster transactions and instant withdrawals of Coinbase balances to PayPal accounts, eliminating the need for traditional methods like wire transfers.
Coinbase plans to expand this feature to other EU countries in the coming months. PayPal has also launched its own stablecoin and introduced a feature called "Cryptocurrencies Hub" that allows users to buy crypto using PYUSD in their PayPal account.
All Comments