PANews reported on January 27th that, according to The Block, a merchant survey released by PayPal shows that the adoption of cryptocurrency payments is being led by large enterprises, with nearly 85% of respondents expecting cryptocurrency payments to become widespread within the next five years. The survey, conducted in late October 2025, found that approximately 40% of surveyed merchants already accept cryptocurrency payments. These merchants indicated that cryptocurrency payments account for "more than a quarter" of their total sales, with about three-quarters reporting an increase in cryptocurrency sales over the past year. Among large enterprises with annual revenue exceeding $500 million, the adoption rate is as high as 50%, significantly higher than that of small and medium-sized enterprises.
The survey also indicated that nearly 90% of merchants said they would be willing to try encrypted payments if the experience were as convenient as traditional card payments and the setup process as simple as accepting credit cards. The head of PayPal's encrypted business stated that the data shows encrypted payments are moving from the experimental stage to everyday business applications, driven by customer demand for faster and more flexible payment methods.
