Who launched this? PayPal introduced PayPal Links, announced by Diego Scotti, general manager of PayPal’s consumer group. What is it? PayPal Links is a peer-to-peer tool that lets users send fiat and supported cryptocurrencies like Bitcoin, Ethereum and PYUSD stablecoin via one-time payment links. When and where did it start? The US launch began on 15 September 2025, with crypto support rolling out imminently and international expansion planned to the UK, Italy and other markets. Why now? PayPal Links aims to simplify everyday transfers, improve wallet interoperability, and limit 1099‑K tax reporting on friends-and-family crypto moves. How does it work? Recipients click a secure, one-time personalized link in a text, DM, or email to receive funds into PayPal, Venmo, or compatible wallets.
What it is
PayPal Links lets users create one-time payment links for peer-to-peer payments and crypto transfers. The feature supports in-app crypto purchases and simplifies sending Bitcoin and Ethereum across messaging apps. It’s designed for convenience and privacy, especially for informal transfers between friends and family.
How it works
Users generate a PayPal Links URL and share it in a chat or email. The recipient claims funds into a PayPal or Venmo account or withdraws to a compatible wallet. This model reduces friction for crypto transfers and keeps everyday payments out of 1099‑K reporting, according to PayPal’s announcement.
Why it matters
PayPal Links could speed mainstream crypto use by combining messaging apps with wallet interoperability and stablecoin support like PYUSD. Easier transfers may increase retail adoption of Bitcoin and Ethereum, mirroring institutional demand trends seen across markets. For context on institutional Bitcoin flows, see U.S. spot Bitcoin etfs inflows hit $2.3B as institutions buy. For Ethereum demand, read BitMine Ethereum treasury makes Nasdaq-listed firm largest corporate ETH holder.
Quick take
PayPal Links is a practical step for everyday crypto moves. It lowers friction, helps privacy for small transfers, and ties PayPal and Venmo more tightly to crypto rails. Expect rollout updates and broader token support as PayPal expands internationally.
Frequently asked questions about PayPal Links (FAQ)
Which assets are supported at launch?
PayPal Links supports dollars initially, with Bitcoin, Ethereum and PYUSD stablecoin adding support shortly.
Will links work outside PayPal or Venmo?
Yes—recipients can claim funds into compatible wallets that support the token type.
Does this avoid 1099‑K reporting?
PayPal says qualifying peer-to-peer crypto transfers via links will not trigger 1099‑K reporting for friends-and-family transactions.
Sources to this article
PayPal (2025) PayPal introduces PayPal Links. Press release, 15 September 2025. Available at: https://newsroom.paypal.com (accessed 2025).
