PayPal, like the banks, could be at risk by cryptocurrency. PayPal is the proverbial "middle man" which means that fully embraced cryptocurrency could spell the end for them.
It makes sense to embrace it to try to delay this happening. And who knows, PayPal is a very popular brand...perhaps people embrace them more than using crypto direct.
Or maybe the flip side is for PayPal to market to online retailers and handle the transactions for them.
It is very fascinating to see how traditional companies are positioning themselves with crypto.
Yes, PayPal is the "middle man", and could someday be at risk because of cryptocurrencies. However, in it's infant stage, I believe it is super important that big companies get involved with cryptocurrencies. I also believe that some of the companies to jump on board early will benefit greatly from adopting crypto. I think this was a great move for PayPal, and I am super excited to see what they do next.
In the future will face great problems because the encrypted digital currency is the future and will become the whole world deals with it means PayPal will become in the abyss will be a lot