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PayPal, a household name for digital payments in Canada, is now officially integrated with Coinbase, one of the world’s leading crypto exchanges. With nearly 10 million active PayPal users across the country, Canadians can now buy cryptocurrencies faster and more securely using a platform they already trust. This new option complements existing methods like Interac e-Transfer and debit cards, making crypto funding more seamless for everyday users.
The partnership marks a major step in making crypto more accessible for the mainstream. John Froese, Senior Vice President at PayPal, stated, “Our partnership with Coinbase makes accessing and funding crypto accounts effortless, opening new doors to the digital economy.” With over five million Canadians already owning crypto, this move is expected to draw even more into the growing digital asset space by removing friction from the buying process.
Coinbase is also celebrating a successful July, with $1.5 billion in Q2 revenue and key regulatory wins. New launches, including perpetual futures trading and the Base app with a 700,000+ waitlist, reinforce the company’s bold vision for the future of decentralized finance.
