PayPal’s New Links P2P Feature May Enable Bitcoin Transfers via One-Time Payment Links

• One-time sharable link to send funds instantly

• Supports text, direct messages and other conversation channels for link delivery

• Includes Bitcoin (BTC), Ethereum (ETH) and PYUSD support per PayPal press release

PayPal Links makes P2P payments via one-time links and adds BTC, ETH and PYUSD to the flow — learn supported assets and how to use it now.

Published: 2025-09-15 | Updated: 2025-09-15 | Author: COINOTAG

What is PayPal Links?

PayPal Links is a peer-to-peer payment feature that creates a one-time, sharable URL for transferring money. The feature lets senders drop a single link into any conversation (SMS, DM, chat) and recipients follow the link to complete a secure transfer.

How will PayPal add crypto to Links?

PayPal’s press release states that digital assets will be integrated into the same P2P flow used by Links. Initial supported assets include Bitcoin (BTC), Ethereum (ETH) and PayPal USD (PYUSD).

• Integration means users can initiate a crypto-enabled transfer using the same link flow.

• PayPal previously introduced crypto buy/hold/sell services and has progressively expanded features since 2020.

• PayPal emphasizes regulatory compliance and custody controls for PYUSD and other listed digital assets (per company communications).

How do you use PayPal Links to send money?

1. Open the PayPal app and select the Links feature.

2. Create a new payment link and enter the amount or currency (fiat or supported crypto).

3. Copy the one-time link and paste it into a conversation (text, DM, social chat).

4. Recipient opens the link, signs in or completes verification, and accepts the payment method.

5. Funds transfer completes through PayPal’s flow; crypto transfers use PayPal custody or supported on‑ramp/off‑ramp controls.

PayPal’s crypto integration history — What has PayPal done before?

PayPal first enabled crypto buying, holding and selling in the United States and expanded features globally over time. The company has gradually added merchant and peer features to its platform.

Key milestones include:

• 2020–2021: Initial crypto support for Bitcoin and select altcoins; rollout of crypto purchases in the PayPal wallet.

• 2021: Launch of “Checkout with Crypto,” allowing merchants to accept crypto payments, and crypto support in Venmo.

• 2022: PayPal introduced the option to transfer crypto to external wallets.

• 2023: Rollout of PayPal USD (PYUSD), a regulated stablecoin issued under compliance frameworks.

Frequently Asked Questions

Can PayPal Links send cryptocurrency?

Yes. According to PayPal’s press release, PayPal Links will include support for Bitcoin (BTC), Ethereum (ETH) and PayPal USD (PYUSD), allowing crypto-enabled transfers through the Links flow.

Is PayPal custody used for crypto sent via Links?

PayPal has stated that crypto custody and regulatory controls apply to digital asset flows. Specific custody details depend on account settings and the asset (e.g., PYUSD operates under PayPal’s regulated stablecoin framework).

Key Takeaways

• PayPal Links launches P2P links: One-time URLs let users send money across chats and messages.
• Crypto is included: Initial support includes Bitcoin (BTC), Ethereum (ETH) and PayPal USD (PYUSD) per PayPal press release.
• Progressive rollout: Links builds on PayPal’s existing crypto features (Checkout with Crypto, Venmo crypto, external wallet transfers).

Conclusion

PayPal Links extends PayPal’s peer-to-peer toolbox by enabling one-time, shareable payment URLs and integrating digital assets into the same P2P flow. This development builds on PayPal’s multi-year crypto roadmap, including Checkout with Crypto and PYUSD. For users, Links promises a simpler way to send fiat or supported crypto through everyday conversations.