Paypal is one of the most popular platforms.
With a hundred million users, I think it could start the step for mass adoption. I couldn't say that it is the start of the mass adoption but I think it is the first step to the steps needed to be taken for Bitcoin to be mass adopted. It still needed to be pushed, it still need that push and not just with Paypal but it needed more for people to believe and actually start using Bitcoin.
But is this information correct? "There is a need to convert into fiat in every transaction in PayPal regarding cryptocurrencies"
This is what I have heard that businesses which are having partnership with paypal will recieve fiat and not cryptos totally. I won't be surprise by the way since there are still companies in doubt with the market price stability of cryptos. This might be a small step towards mass adoption of this technology. Cryptos will be exposed to the masses and more people will be able to recognize this industry.