PayPal has announced crypto integration for its P2P system, adding support for Bitcoin and more alongside a new feature called PayPal Links.
The digital asset integration isn’t the only new feature that PayPal has revealed. Starting today, users in the US can start creating personalized payment links via “PayPal Links.” These are one-time links that users can share with others to send and receive money.
“For 25 years, PayPal has revolutionized how money moves between people. Now, we’re taking the next major step,” said Diego Scotti, General Manager, Consumer Group at PayPal. “Whether you’re texting, messaging, or emailing, now your money follows your conversations.”
According to the payments processor giant, P2P and other consumer payments saw solid growth in the second quarter of 2025, with volume jumping 10% year-over-year.
The company’s latest P2P expansion ties into its greater “PayPal World” initiative, a global platform that connects digital payments systems and wallets from around the world. PayPal World is expected to launch in late 2025, but for now, no specific timeline is known for when Bitcoin and other cryptocurrencies will become available in the P2P system.
PayPal has also reassured users on the tax side of P2P transfers, noting, “as always, friends-and-family transfers through Venmo and PayPal are exempt from 1099-K reporting. Users won’t receive tax forms for gifts, reimbursements, or splitting expenses, helping ensure that personal payments stay personal.”
Bitcoin has steadily made its way up since the bottom at the start of the month, but over the last few days, the coin has taken to sideways movement as its price is still trading around $115,400.
Below is a chart that shows how the price action has looked for the cryptocurrency over the past month.
In the chart, Maartunn has identified an interesting pattern. “Notice how this metric aligns with the sharp price reactions in recent times,” explains the analyst. Given that another such movement of dormant coins has surfaced, it’s possible that Bitcoin may be due some volatility.