“Integrating Arbitrum, Optimism, and Base into BitPay’s self-custody wallet is a major milestone in our mission to improve blockchain utility and the Web3 experience,” states BitPay CMO, Bill Zielke.
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What is BitPay?
BitPay is a blockchain payment service provider headquartered in Atlanta, Georgia, United States. It was founded in May 2011 by Tony Gallippi and Stephen Pair. BitPay provides Bitcoin and other cryptocurrency payment processing services for merchants.
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This integration will empower BitPay users to unlock a wider range of digital assets, leveraging SwapKit to access cross-chain liquidity via THORChain for seamless in-wallet exchange of diverse cryptocurrencies.
Discover how alternative cryptocurrencies impact the payment landscape, the implications of using crypto gains for debt settlement, and the forecast for cryptocurrency adoption amidst market fluctuations.
The report finds a synchronized rise in expenditure across various industries, underscoring the close relationship between crypto valuations and consumer purchasing power.
The revamped platform includes user-friendly features and improved invoicing, marking a significant move towards enhancing cryptocurrency’s mainstream acceptance in everyday transactions.
“This partnership brings together two prominent players in the cryptocurrency space to ensure our global community can buy their crypto assets with flexibility, convenience, and security,” states BitPay CEO, Stephen Pair.
BitPay has integrated PayPal USD (PYUSD), a stablecoin issued by Paxos Trust Company, into its payment offerings.
With access to over 5,000 service providers, users can settle a wide array of payments, such as credit cards, mortgages, car payments, and personal loans.
Brave Wallet users can now shop using Bitcoin and other cryptocurrencies at a wide range of online and in-store merchants.
Dai and WBTC are added to BitPay’s current list of supported tokens including BTC, BCH, ETH, DOGE and stablecoins USDC, GUSD, PAX and BUSD.