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MetaMask Adds PayPal as Payment Option for Ethereum Purchases in the US

MetaMask has announced that it has added PayPal as a payment option for Ethereum purchases, making it the first web3 wallet to enable users to buy ETH using PayPal. However, this new payment channel is currently only available to U.S. users. The integration also supports ETH transfers from PayPal to MetaMask, creating more self-custody adoption.

MetaMask already supports several payment channels, including Coinbase Pay, MoonPay, Sardine, Transak, and Wyre. In addition, PayPal recently revealed that it had $943 million in crypto assets under management as of March 31, a 56% increase over the previous quarter.

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