Starting today, U.S.-based Celsius creditors can access their cryptocurrency distributions through PayPal and Venmo, two trusted payments brands that provide cryptocurrency services to our consumers.
PayPal USD (PYUSD) is fully backed by U.S. dollar deposits, short-term U.S. treasuries and similar cash equivalents, and can be redeemed 1:1 for U.S. dollars.
Today, we're introducing the ability to transfer crypto to friends and family on Venmo or PayPal, and to external wallets and exchanges in the crypto ecosystem.
Starting today, PayPal supports the transfer of cryptocurrencies between PayPal and other wallets and exchanges.
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