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It’s now possible to receive crypto through text or email thanks to PayPal.
PayPal, the global payments giant, is taking a major step in making digital payments more conversational. On September 15, it launched PayPal links, a new feature that lets users create one-time personalized links for sending or requesting money.
The company confirmed that cryptocurrency will soon be supported within the same peer-to-peer flow. This move follows PayPal’s July 28, 2025 launch of “Pay with Crypto,” a service that lets U.S. merchants accept payments in over 100 digital assets and instantly convert them into dollars or PYUSD, cutting cross-border fees by up to 90%.
PayPal expands crypto support, eases tax reporting
PayPal users in the United States have been able to create personalized payment links since four days ago when it launched, with the rollout scheduled to reach the UK, Italy, and other international markets later this month.
The company clarified that transfers for personal purposes such as gifts, reimbursements, and shared expenses will stay exempt from IRS Form 1099-K rules, meaning routine payments among friends and family will not trigger tax reporting requirements.
Here are the supported crypto assets and key payment features:
* Bitcoin (BTC), Ethereum (ETH), and PayPal USD (PYUSD) will be supported through PayPal Links for peer-to-peer transfers.
* Payments via those links can be sent to PayPal or Venmo users or to external crypto-compatible wallets.
* Links are private, one-time use, tied to a specific transaction, and expire after ten days if unclaimed.
Users can generate unique PayPal links through their account dashboard. The link can then be shared across messaging apps, social platforms or email.
Payments can be completed using PayPal balance, linked bank accounts or cards.
Finally senders receive instant confirmation and recipients see funds immediately deposited to their PayPal account.
PayPal’s crypto chief Jose Fernandez da Ponte emphasized that PayPal links were designed to make payments “as natural as a message,” and COO Alex Chriss Scotti added that the product is about lowering friction, ensuring consumers feel like they’re just sharing a link, not navigating a complex payment system.
PYUSD usage continues to rise
Following the passage of the U.S. GENIUS Act, PayPal has reinforced its push into digital assets by enabling users to earn yield on deposits of its stablecoin, PYUSD. The company has also expanded its acceptance of cryptocurrencies. Alongside PYUSD, BTC, and ETH, PayPal supports tokens such as Solana, Chainlink, Litecoin, and Bitcoin Cash for purchases.
PYUSD itself has grown steadily, with market capitalization nearing $1.3 billion and the token trading firmly at $0.9998, according to CoinMarketCap.
Source: Coinmarketcap
While stable in price, PYUSD’s wider exchange and DeFi use signal adoption, reinforced by PayPal World’s push for seamless peer-to-peer payments.