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A comment on PayPal launches crypto checkout service. Parent comment

Re:PayPal launches crypto checkout service by mcintyre1994 on Tuesday March 30, 2021 @09:23AM (#26634301)
> PayPal hopes its service can change that, as by settling the transaction in fiat currency, merchants will not take on the volatility risk/upside.

The whole point is that PayPal shields the business from the volatility risk. Buyer buys in Bitcoin, seller receives local fiat currency.

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Re:PayPal launches crypto checkout service by SketchySeaBeast on Tuesday March 30, 2021 @09:45AM (#26634538)
Ah, I read that as the opposite way around - wanting to avoid their own currency because of volatility. My bad.
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