PayPal has introduced a new feature enabling users to connect their cryptocurrency wallets directly to merchant checkout pages, facilitating seamless cross-border payments. Transactions are routed through exchanges like Coinbase or Uniswap, with digital assets converted into PayPal's stablecoin, PYUSD, before settling in U.S. dollars. This initiative aims to enhance global accessibility, allowing users in countries such as Guatemala to shop with U.S. merchants. The feature, initially available to select merchants, is part of PayPal's renewed focus on digital currencies following a slowdown during the 2022 crypto market downturn. PayPal's stablecoin, PYUSD, has experienced a 70% increase in market cap since January, reaching approximately $850 million. The company plans to expand this integration to larger enterprises worldwide.