PayPal: Large Enterprises Are Leading the Adoption of Crypto Payments, Nearly 85% of Merchants Expect It to Become the Norm Within 5 Years

Odaily News PayPal's latest survey shows that nearly 85% of the merchants surveyed expect cryptocurrency payments to become the norm within the next five years. The survey was conducted in late October 2025, covering approximately 620 "payment strategy decision-makers."

The survey data reveals that nearly 90% of merchants have reported receiving inquiries from consumers about using cryptocurrency for payments. Among them, about 40% of merchants already support crypto payments at checkout. Among those merchants who have accepted crypto payments, a significant portion stated that crypto payments already account for more than a quarter of their total sales, and about three-quarters of merchants said related sales have increased over the past year.

May Zabaneh, Vice President and General Manager of PayPal's Crypto Business, stated that crypto payments are transitioning from the experimental phase to everyday commercial application. The growth momentum primarily stems from consumer demand for faster and more flexible payment methods. Once merchants begin to integrate them, they can see the tangible value.

In terms of scale, the adoption of crypto payments is primarily driven by large enterprises. Among companies with annual revenues exceeding $500 million, approximately 50% already accept crypto payments, compared to 34% and 32% for small and medium-sized enterprises, respectively. Furthermore, about 90% of merchants indicated they would be willing to try crypto payments if the user experience and integration process could match that of traditional card payments.

The context of this survey is closely related to the progress of stablecoin regulation. Following the enactment of the GENIUS Act, which provides clear guidance for stablecoin issuance and trading, PayPal, as one of the earliest mainstream payment institutions to deploy stablecoins, is seeing its related practices being followed by more banks and fintech companies. (The Block)