• MetaMask, a dApp provider and crypto wallet, has announced a partnership with PayPal.
• This will allow users in the United States of America to purchase ETH via PayPal and hold it directly in their MetaMask wallets.
• The integration also allows users to transfer ETH from PayPal to MetaMask, aiding in more self-custody adoption.

MetaMask Partners with PayPal

Decentralized application (dApp) provider and crypto wallet MetaMask has announced a partnership with payment service provider PayPal. The collaboration will allow MetaMask users based in the United States of America to purchase ETH using PayPal as their preferred payment method. Furthermore, it also supports the transfer of ETH from PayPal to MetaMask, allowing for more self-custody adoption.

Purchase ETH Through PayPal

With the announcement, MetaMask claims to have become the first Web 3.0 wallet that offers its users an option to purchase ETH through PayPal. In addition to providing an easy way for US-based customers to purchase ETH directly, this integration also enables them to transfer ETH from their existing PayPal account into their MetaMask wallets.

Joining A Vast Ecosystem

The news of this integration comes just weeks after MetaMask’s launch of its “Buy Crypto” feature which allows users across 189 countries access over 90 different cryptocurrencies spread over eight networks such as Ethereum, Fantom, Optimis and more. With this new collaboration between MetaMask and Paypal, both companies join a vast ecosystem of payment providers that have already integrated with the Web 3 wallet including MoonPay, CoinbasePay and Wyre among others.

PayPal Holds $943 Million in Crypto Assets

In December 2022, when Paypal partnered with ConsenSys (parent company of Metamask), they expressed hopes that it would help users explore the larger Web 3 ecosystem as well as purchase cryptocurrencies easily. Following up on these aspirations is a report filed by Paypal with the SEC which revealed that they held around $943 million worth of crypto assets as at 31st March 2023 – representing 56% jump from what they reported ($604 million) during the previous quarter .


The announcement of this partnership between Metamask and Paypal reinforces their commitment towards making transactions easier for cryptocurrency holders across various parts of the world – not only does it make buying tokens easier but also makes transferring them safer than ever before!

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