# Crypto payments gain traction as PayPal, Visa and Philippines roll

**Published:** 2026-06-23T16:50:08.729Z  
**Topic:** Crypto Payments  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/3cee4335-ab89-42b8-8ed6-3113c47d474c

Crypto payments surge with PayPal’s merchant rollout, Visa’s $4.5 bn stablecoin volume and a fast‑track SEC registration for foreign firms in the Philippines.

The crypto‑payments ecosystem jumped forward this week as PayPal opened its “Pay with Crypto” gateway to U.S. merchants, while Visa reported a $4.5 billion annualized stablecoin settlement run‑rate and the Philippine SEC announced a 20‑30‑minute online registration path for foreign investors [1][2].

| At a glance | |
|---|---|
| PayPal fee | 0.99 % on crypto transactions |
| Visa stablecoin volume | $4.5 bn annualized run‑rate |
| Philippines SEC registration | 20‑30 min online set‑up |
| Ethereum price | +25 % month‑over‑month (Mar 2026) |

## PayPal and Visa expand crypto acceptance  

PayPal’s new feature lets merchants accept more than 100 cryptocurrencies, converting the proceeds instantly into its PYUSD stablecoin to eliminate price‑risk [2]. The 0.99 % fee undercuts typical cross‑border card fees, a claim that could make crypto a cost‑effective alternative for small‑to‑mid‑size retailers.  

Visa’s stablecoin settlement figures, adjusted to exclude high‑frequency trading, show a $4.5 billion annualized run‑rate, indicating that stablecoins are moving beyond speculation into genuine payment flows [2]. The company’s rollout of crypto‑linked cards means merchants can keep existing POS systems while offering crypto payments behind the scenes.

## Regulatory momentum in the Philippines  

During Philippine Blockchain Week 2026, SEC Commissioner Rogelio Quevedo said foreign investors can register a corporation online in 20‑30 minutes, a step toward a more digitised business environment [1]. While crypto firms will still need licences, the streamlined registration could lower entry barriers for overseas exchanges seeking a regulated foothold, as highlighted by BlockShoals’ legal head Marie Antonette Quiogue [1].

## Ethereum’s price rally underscores broader adoption  

Ethereum’s price surged almost 25 % in March 2026, outpacing the S&P 500 and reflecting growing confidence in its DeFi and smart‑contract capabilities [3]. The rally coincides with a market‑size forecast that sees Ethereum’s ecosystem grow from $50 bn in 2025 to over $58 bn in 2026, driven by stablecoin settlement volumes of $160 bn on the chain [3]. This price momentum reinforces the token’s role as a settlement layer for businesses using stablecoins.

## What to watch  

- Visa’s stablecoin settlement volume: monitor whether the $4.5 bn run‑rate holds or expands in the next quarterly report.  
- Philippine SEC registration rollout: watch for any follow‑up guidance on crypto‑specific licensing requirements.  
- Ethereum price: key resistance near the $2,200 level could test the sustainability of the 25 % monthly gain.  

The convergence of corporate adoption, regulatory facilitation and token‑price strength suggests crypto payments are moving from niche experiments toward mainstream business tools, though the pace will depend on how quickly firms can navigate emerging compliance frameworks.

## Sources
1. Cointelegraph — [Dash eyes Philippines as market for crypto payments](https://cointelegraph.com/news/dash-eyes-philippines-crypto-payments-market)
2. TheStreet.com — [Cryptocurrency in Business: Real-World Use Cases](https://www.thestreet.com/crypto/newsroom/cryptocurrency-in-business-real-world-use-cases)
3. Vanguard — [Why small business owners are taking advantage of Ethereum in 2026](https://www.vanguardngr.com/2026/06/why-small-business-owners-are-taking-advantage-of-ethereum-in-2026/)

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Cite as: TrendWatcher, "Crypto payments gain traction as PayPal, Visa and Philippines roll", https://www.trendwatcher.in/article/3cee4335-ab89-42b8-8ed6-3113c47d474c