PayPal Launches Shareable Crypto Links and Peer-to-Peer Payments

PayPal announced a new update introducing personalized payment links to streamline peer-to-peer transactions. This new feature, called PayPal Links, allows users to create one-time, shareable links for sending and receiving money across any conversation platform, such as text, email, or direct messages. The initiative marks a significant step in PayPal’s ongoing mission to simplify global money transfers while expanding its ecosystem, with crypto functionality set to enhance the platform’s capabilities in the near future.

The launch of PayPal Links comes as part of the company’s broader PayPal World platform, which focuses on interoperability between digital wallets worldwide. U.S. users can already generate these personalized links, with international rollout planned for markets like the UK and Italy later this month. By integrating seamless money transfers into everyday communication, PayPal aims to make financial transactions as intuitive as sending a message. The company also emphasized that its friends-and-family transfers remain exempt from 1099-K tax reporting, maintaining user-friendly policies for personal payments.

Crypto Integration and Global Expansion

PayPal’s announcement also highlighted the imminent integration of cryptocurrency into its peer-to-peer payment system. Soon, U.S. users will be able to send and receive digital currencies like Bitcoin, Ethereum, and PayPal’s own stablecoin, PYUSD, directly through the PayPal app. This functionality will extend to Venmo and a growing number of crypto-compatible digital wallets worldwide, fostering greater adoption of digital assets in everyday transactions. The move aligns with PayPal’s vision to bridge traditional finance with the rapidly evolving crypto economy, making it easier for users to navigate both.

Diego Scotti, general manager of PayPal’s consumer group, emphasized the company’s legacy of innovation, stating that this update builds on 25 years of redefining how people move money. The introduction of PayPal Links and upcoming crypto support reflects a strategic push to keep pace with modern communication habits while tapping into the growing demand for digital currencies. The company’s recent statements underscored the simplicity of the new system, noting that users can now send money as effortlessly as sharing a link, with crypto functionality set to further enhance this experience.

PayPal’s focus on interoperability through PayPal World is already showing results, with peer-to-peer payment volume rising 10% year-over-year in the second quarter of 2025. Venmo, a PayPal subsidiary, also reported its strongest payment growth in three years, signaling robust demand for seamless digital transactions. As PayPal continues to expand its platform to billions of wallets globally, the integration of crypto is expected to drive further momentum.