PayPal is preparing to launch a super app for cryptocurrencies | Top DeFi

PayPal is preparing to launch a super app for cryptocurrencies

Payment service provider PaуPal said that customers of the service will not have to wait long to get access to cryptocurrencies through the platform.

PaуPal director Dan Schulman said that the first version of the company's super wallet application has already been created. The president of PaуPal promised that the company will introduce the wallet in the U.S. within a few months.

The wallet will feature high returns, the ability to make direct deposits, messaging features, "additional cryptographic capabilities," etc. Shulman said each wallet will be "unique, driven by artificial intelligence and machine learning.

In the PaуPal reported that as of June 0, the service had more than 400 million active user accounts, and the total payment volume for the second quarter of 2021 amounted to $ 11 billion.