PayPal Registers Record Volume of Crypto Transactions
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Jan. 12, 2021

On January 11, the users of the payments platform PayPal made transactions with cryptocurrencies worth $242M, which represents a record for the company. Alex Saunders, founder of Nugget's News, wrote:

"That's nearly double the previous record."

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The previous record was reached on January 6 and amounted to $129M. The daily trading volume on the platform ItBit has grown 950% since January 1, according to Nomics.

PayPal launched the possibility of buying and selling cryptos for US users on November 11.

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