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<p class="is-style-lead">Ledger, the manufacturer of hardware wallets, has unveiled a strategic on-ramp integration with PayPal, a payment processor.</p> 
<p>With Ledger Live, users can purchase crypto using fiat and transfer them directly to their Ledger cold wallets. </p> 
<h2 class="wp-block-heading" id="a-new-featured-payment-solution">A new featured payment solution</h2> 
<p>In a <a href="https://www.ledger.com/ledger-and-paypal-team-up-to-simplify-entry-into-the-world-of-cryptocurrency" target="_blank" rel="noopener noreferrer nofollow">blog post </a> on Aug. 16, Ledger highlighted their joint intention of offering the broader crypto community with a secure and convenient platform to buy various crypto assets, including Bitcoin (<a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>), Ethereum (<a href="https://crypto.news/price/ethereum/" rel="noopener noreferrer nofollow">ETH</a>), Bitcoin Cash (<a href="https://crypto.news/price/bitcoin-cash/" rel="noopener noreferrer nofollow">BCH</a>), and Litecoin (<a href="https://crypto.news/price/litecoin/" rel="noopener noreferrer nofollow">LTC</a>). </p> 
<p>As part of this integration, PayPal will also be listed as a payment option in Ledger Live’s “Buy” section.</p> 
<p>Ledger users in the United States, subject to relevant state regulations, will be free to buy listed coins directly from PayPal.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/ledger-enters-institutional-trading-space-with-launch-of-tradelink/" rel="noopener noreferrer nofollow"> Ledger enters institutional trading space with launch of Tradelink </a> </p> 
<p>Moreover, users who have bought crypto via PayPal before can proceed to buy more coins through Ledger Live without additional verification steps.</p> 
<h2 class="wp-block-heading" id="paypal-continues-to-expand-its-footprint">Paypal continues to expand its footprint</h2> 
<p>On Aug. 7, PayPal <a href="https://www.paypal.com/us/legalhub/cryptocurrencies-tnc" target="_blank" rel="noopener noreferrer nofollow">introduced</a> a crypto hub for its clients to participate in various crypto activities, ranging from trading, sending, and receiving coins. </p> 
<p>PayPal has also added PYUSD, its stablecoin, as one of the coins it supports. The stablecoin is pegged to the USD.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
 <div class="wp-block-embed__wrapper"> <iframe title="PayPal Expects New PYUSD Stablecoin Use Throughout DeFi Ecosystem" width="1020" height="574" src="https://www.youtube.com/embed/tKsHxbs9Xwg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
 </div> 
</figure> 
<p>PayPal becomes the first technology company from the United States to issue a stablecoin. </p> 
<p>It follows their early announcement to <a href="https://newsroom.paypal-corp.com/2023-07-26-Microsoft-Deepens-Relationship-with-PayPal-to-Offer-Simple,-Flexible-Payment-Options" target="_blank" rel="noopener noreferrer nofollow">extend</a> provision of crypto services to Venmo users. </p> 
<p> Read more: <a href="https://crypto.news/hover-and-ledger-works-partner-to-pioneer-risk-management-for-defi-lending-protocols/" rel="noopener noreferrer nofollow"> Hover and Ledger Works partner to pioneer risk management for DeFi lending protocols </a> </p>

Ledger partners with PayPal to enhance Bitcoin, crypto purchase

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