Fintech startup PayPal launches crypto checkout service

Allowed US consumers to use their crypto holdings to pay at millions of its online merchants globally

This could significantly boost the use of digital assets in everyday commerce

Bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets can be converted into fiat money

Now, consumers can use cryptocurrencies similar to a credit card or a debit card

Paypal is one of the largest mainstream fintech startups to start such an initiative

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