Paypal Introduces On And Off Ramps For Web3 Payments; Paypal Off Ramps Is Now Available To Wallets, Dapps And NFT Marketplaces And Is Live On Metamask Today
Portfolio Pulse from Benzinga Newsdesk
Paypal has introduced on and off ramps for Web3 payments. The off ramps are now available to wallets, DApps, and NFT marketplaces and are live on Metamask today.

September 11, 2023 | 8:33 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Paypal's new on and off ramps for Web3 payments could potentially increase its user base and revenue.
Paypal's introduction of on and off ramps for Web3 payments indicates its move towards embracing the growing trend of decentralized finance. This could potentially attract more users to its platform, especially those involved in DApps and NFT marketplaces, thereby increasing its revenue. However, the impact on its stock price would depend on the market's perception of this move and its potential profitability.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100